The Queens housing market had the lowest inventory total in five years, but sales continued to rise. The faster pace of the market is resulting in some upward price pressure. Despite the limited supply, we didn't see much change in market times or negotiability between buyers and sellers. As buyers in Manhattan and Brooklyn seek out affordability, we anticipate Queens to be one of the primary beneficiaries of this trend.
Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.
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All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.
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