36 MARCH 15, 2018 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
Six Queens neighborhoods among best home seller’s markets in city: report
BY SUZANNE MONTEVERDI
SMONTEVERDI@QNS.COM / @SMONT76
Six of the 10 most seller-friendly
residential markets throughout the
city for 2018 are located in Queens,
according to a new real estate report.
Flushing was fl agged 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 the market in 2017. Approximately
11.4 percent of properties saw
price cuts while on the market.
Coming in at No. 2 was Woodhaven,
where 6.9 percent of properties on the
market saw price cuts. Properties in
this neighborhood spent an average
of 56 days on the market and there was
a 100 percent sale-price-to-list-price
ratio, indicating buyers are buying at
initial asking price.
No. 3 on the list was another Queens
neighborhood: Kew Gardens Hills.
Approximately 20 percent of listings
in this neighborhood saw price cuts
while on the market and properties
spent an average of 61 days on the
market.
The following Queens neighborhoods
also placed on the top 10 list:
No. 6: Glendale
No. 7: South Jamaica
No. 10: Briarwood
Seller’s markets are those
with “a lower index value, where
homes are less likely to see a price
cut, sell more quickly and have
sale-price-to-list-price ratios closer to
or exceeding 100,” according to StreetEasy
methodology.
When it comes to the best New York
City markets for buyers, however,
only one Queens neighborhood made
the list.
Long Island City, one of the “well-established,
higher-priced neighborhoods”
that made the top 10 rundown,
tends to favor buyers, according to
StreetEasy. Coming in at No. 9, the
western Queens neighborhood was
the least expensive neighborhood on
the list, which featured neighborhoods
including Manhattan’s Midtown and
Brooklyn’s DUMBO.
Buyer’s markets are identifi ed by
StreetEasy as those “with a higher
index value, driven by more price
cuts, homes staying on the market
longer and lower sale-price-to-listprice
ratios.”
Read the full report at www.streeteasy.
com.
Ridgewood Times Sales Guide
Listings selected at random. Courtesy MLS
RIDGEWOOD
Decatur Street 69th Place 59th Avenue 78th Street
Under $600,000
21-16 Greene Ave.
$495,000
Condo
2 bedrooms, 2 bathrooms
Sameer Rastogi
Charles Rutenberg Realty Inc.
$600,000-$1,000,000
59-04 Decatur St.
$849,000
Single Family
3 bedrooms, 3 bathrooms
John Lombardi
Crifasi Real Estate Inc.
Over $1,000,000
715 Seneca Ave.
$1,459,000
Multi-Family
3 bedrooms, 3 bathrooms
Rosa Del Valle
Winzone Realty Inc.
GLENDALE
Under $600,000
76-18 69th Pl.
$549,000
Condo
2 bedrooms, 2 bathrooms
Carmen Ciurea
Coldwell Banker Kueber Realty
$600,000-$1,000,000
79-55 77th Rd.
$769,000
Single Family
3 bedrooms, 3 bathrooms
Gaetano Sieligowski
Macaluso Realty
Over $1,000,000
7006 69th Pl.
$1,080,000
Multi-Family
6 bedrooms, 4 bathrooms
Huanyan Li
Century Homes Realty Group LLC
MASPETH
Under $600,000
52-54 65th Pl.
$415,000
Co-op
3 bedrooms, 1 bathroom
Marco OToole
Keller Williams Landmark II
$600,000-$1,000,000
60-29 59th Ave.
$868,000
Multi-Family
5 bedrooms, 3 bathrooms
Lucy Lu
Landmark International R E LLC
Over $1,000,000
6634 Jay Ave.
$1,188,000
Multi-Family
6 bedrooms, 4 bathrooms
Min Zhao
E Realty International Corp.
MIDDLE VILLAGE
Under $600,000
69-06 78th St.
$599,000
Single Family
3 bedrooms, 2 bathrooms
David Kueber
Coldwell Banker Kueber Realty
$600,000-$1,000,000
60-42 78th St.
$819,000
Multi-Family
2 bedrooms, 3 bathrooms
Thomas Vastola
Eliot Hill Realty Inc.
Over $1,000,000
66-54 69th St.
$1,399,000
Multi-Family
6 bedrooms, 4 bathrooms
Erika Demkowicz
Erika Demkowicz, Realtor
Image via Pixabay
Queens homes
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