The median home price in Queens rose to $546,000 in February.
This is a decrease of 0.2% from January, and an increase of 14.9% compared to February of last year. The median home price has increased by approximately $71,000 since last year. Specifically, Queens real estate market report March 2018 shows that:
- Queens residential home prices are up 7.3%,
- Queens Condo prices are UP 6.7%, and
- Queens Coop prices are UP 17.2%
compared to February of last year. Over the last 12 months, the median home price in Queens is up about 12.3%.
In January, the average home price for Queens real estate were as follows:
- Average sale price for a 1 family home in Queens was: $714K
- Average sale price for a 2 family home in Queens was: $890K
- Average sale price for a 3 family home in Queens was: $1.12M
- Average sale price for a 1 bedroom condo in Queens was: $440K
- Average sale price for a 2 bedroom condo in Queens was: $605K
- Average sale price for a 1 bedroom coop in Queens was: $257K
- Average sale price for a 2 bedroom coop in Queens was: $303K
