Real Estate Talk: Queens Property Values in the Last 5 years

Abigail Herrera Queens NY Realtor with Keller Williams Realty LandmarkRecently I had a Home Owner ask me if I could provide them with a report of Queens County’s property values over the last 5 years. So, I figured that it would only be right to share it with all of you.

Therefore, below is a detailed report on Queens’ Property values over the last 5 years, broker down by property type (Coops, Condos, and Residential 1-3 Family Homes). If you have any questions about the data or need any information pertaining to your specific neighborhood, development, or zip code… Let me know!

Co-Ops: Co-Op Prices are Down 9.3% from 5 Years Ago
Year Quarter Median Sale Price
2012 3 195,000
2012 2 187,000
2012 1 182,500
2011 4 185,000
2011 3 195,000
2011 2 190,000
2011 1 196,750
2010 4 190,000
2010 3 195,000
2010 2 193,000
2010 1 195,000
2009 4 200,000
2009 3 196,971
2009 2 203,809
2009 1 203,854
2008 4 210,000
2008 3 215,000
Condos: Condo Prices are Down 4.1% from 5 Years Ago
Year Quarter Median Sale Price
2012 3 398,000
2012 2 393,432
2012 1 380,000
2011 4 410,310
2011 3 275,000
2011 2 378,222
2011 1 235,000
2010 4 260,000
2010 3 241,000
2010 2 278,000
2010 1 304,627
2009 4 304,600
2009 3 354,900
2009 2 386,437
2009 1 454,860
2008 4 380,000
2008 3 415,000
1-3 Family Homes: 1-3 Family Home Prices are Down 13.1% from 5 Years Ago
Year Quarter Median Sale Price
2012 3 465,000
2012 2 430,000
2012 1 424,000
2011 4 440,000
2011 3 450,000
2011 2 428,500
2011 1 455,000
2010 4 450,000
2010 3 425,940
2010 2 438,617
2010 1 440,000
2009 4 442,950
2009 3 475,000
2009 2 445,000
2009 1 460,000
2008 4 500,000
2008 3 535,000
Courtesy of Abigail Herrera with Keller Williams Realty Landmark.
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