34 JANUARY 24, 2019 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Report fi nds spike in residential listings in Queens at end of 2018
BY EMILY DAVENPORT
EDAVENPORT@RIDGEWOODTIMES.COM
The number homes that were on
the market in Queens took a
sharp increase at the end of the
year, according to a recent report.
StreetEasy recently released their
Q4 2018 Market Report, which tracks
the real estate trends throughout the
city. According to their fi ndings, the
number of homes for sale in New York
City as a whole grew at double-digit
rates, particularly in Queens, which
saw a 30.8 percent annual increase
in 2018.
In the wake of the Amazon HQ2
announcement, Long Island City saw
a 45.2 percent increase annually in
sales inventory, which was the most
out of all the Queens neighborhoods.
StreetEasy’s Queens Price Index
rose to $520,312, marking a 5 percent
increase in the fourth quarter. While
prices rose throughout the borough,
the increase was led by sales in Central
Queens (Woodside, Jackson Heights,
East Elmhurst, North Corona, Elmhurst,
Corona, Maspeth, Middle Village,
Ridgewood, Glendale, Rego Park
and Forest Hills), where prices rose 6.9
percent to $539,006.
The report found that the number of
homes that were off ered a price cut rose
to 19.3 percent, marking a 5.6 precent
increase year-over-year in Queens.
However, the median price cut amount
remained unchanged at 4.5 percent.
The fourth quarter report also
found that the StreetEasy Queens Rent
Index increased 2.6 percent annually,
reaching $2,164. However, the share of
rentals advertising concessions fell to
9.6 percent in Queens, marking a 5.6
percent decrease annually.
Visit streeteasy.com to read the full
report.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD
Metropolitan Avenue 64th Street 72nd Street 71st Street
Under $600,000
53-24 Metropolitan Avenue
$558,000
Condo
2 bedrooms, 1 bathroom
Malgorzata Pieniadz
Realty By The Park
$600,000-$1,000,000
2036 Himrod Street
$995,000
Two-family
7 bedrooms, 2.5 bathroom
Durwin Fernandez
Keller Williams Rlty Landmark
Over $1,000,000
61-34 Linden Street
$1,119,000
Two-family
5 bedrooms, 2 bathrooms
Ronalda Ferrara
Keller Williams Landmark II
GLENDALE
Under $600,000
76-08 69th Place
$569,000
Condo
2 bedrooms, 2 bathrooms
Anna Jargilo
Exit All Seasons Realty
$600,000- $1,000,000
77-05 82nd Street
$739,000
Tudor
3 bedrooms, 1.5 bathrooms
Gaetano Sieligowski
Macaluso Realty
Over $1,000,000
69-11 64th Street
$1,399,000
Two-family
5 bedrooms, 4 bathrooms
Sal Crifasi
Crifasi Real Estate Inc.
MASPETH
Under $600,000
59-84 59th Place
$548,000
One Family
2 bedrooms, 1 bathroom
Carmen Lopez
Core Realty Success
$600,000-$1,000,000
54-05 68th Street
$899,000
One Family
4 bedrooms, 2 bathrooms
Claire Lung
Keller Williams Rlty Landmark
Over $1,000,000
54-36 72nd Street
$1,575,000
Two-family
6 bedrooms, 3 bathrooms
Marek Sobolewski
Trademarko Realty Inc.
MIDDLE VILLAGE
Under $600,000
66-11 71st Street
$325,000
1 bedroom, 1 bathroom
Lucy Lu
Landmark International R E LLC
$600,000-$1,000,000
69-46 78th Street
$759,000
3 bedrooms, 2.5 bathrooms
George Herrera
Keller Williams Landmark II
Over $1,000,000
75-04 Juniper Boulevard South
$1,195,000
Two-family
4 bedrooms, 2 bathrooms
John Amore
Prime Realty
Photo via Getty Images
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