The Queens real estate market in November 2023 showed signs of a shift compared to the frenzied pace of the past year. Here’s a summary of the key trends: Prices: Sales: Inventory: Overall, the Queens market seems to be cooling down after a period of rapid price growth and intense competition. Several factors are likely … Read more
Date Range Current Available Inventory – 52Current Median List Price – $998,500 Month Current Year Prior Year % Change Nov-2023 $912,500 $931,500 -2.0 Oct-2023 $924,000 $933,000 -1.0 Sep-2023 $930,000 $930,000 0.0 Aug-2023 $947,500 $918,000 3.2 Jul-2023 $950,000 $910,000 4.4 Jun-2023 $960,000 $910,000 5.5 May-2023 $960,000 $908,000 5.7 Apr-2023 $960,000 $905,000 6.1 Mar-2023 $950,000 $908,000 4.6 … Read more
The Queens real estate market is currently a buyer’s market. The median sale price of a home in Queens was $598K in July 2023, down 1.5% from the previous year. The median price per square foot was $640, down 0.3% from the previous year. The number of homes sold increased by 49.2% year-over-year. There are … Read more
The Long Island real estate market is a diverse market with many different factors affecting prices and trends. The following are some of the most important trends to watch in 2023: Rising interest rates: Interest rates are expected to continue to rise in 2023, which will make it more expensive to borrow money to buy a … Read more
The first step to selling a house in Queens is knowing how much the property is worth. This valuation is very important because it helps you and your family plan for the next steps with a realistic sale price expectation. You can go about this in one of following two ways: 1) You can hire … Read more
1. Clean up your daily / personal clutter in the kitchen, closets, storage spaces and some furniture qualifies as clutter. Don’t take ‘cleaning up’ your home personally, as it’s all about enabling the buyer to become attached to your home as you detach from it. 2. Fix up the interior by painting rooms that need … Read more
Six of the 10 most seller-friendly residential markets throughout New York City for 2018 are located in Queens, according to a new real estate report. Flushing was flagged as the No. 1 seller’s market for 2018 in StreetEasy’s Trends & Data report, published on March 8. In this neighborhood, residential properties spent an average of 52 days on … Read more
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 … Read more
Queens Home Staging Tips, by the Queens Home Team at Neal Modi | Remax Frontier. Need help? Feel free to Contact Us anytime. It is clear from watching real estate shows, that home staging sells. It doesn’t necessarily make or break a sale, but it can certainly result in more or better offers. Preparation is key, and when it … Read more
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