38 OCTOBER 27, 2016 RIDGEWOOD TIMES WWW.QNS.COM REAL ESTATE QUEENS REAL ESTATE SALE PRICES KEEP CLIMBING HIGHER AND HIGHER, REPORT FINDS BY SUZANNE MONTEVERDI SMONTEVERDI@QNS.COM @SMONT76 Real estate prices are on the rise citywide and throughout the borough, according to a recent report. Residential sales data published by the Real Estate Board of New York (REBNY) examines the average sales prices for cooperatives, condominiums and one- to three-family dwellings in the city and within each of the fi ve boroughs. According to the study, the New York City residential sales market posted a record $13.6 billion in citywide total monetary value for completed home sales transactions in the third quarter of 2016 — a 15 percent rise when compared with the third quarter of 2015. All fi ve boroughs posted year-overyear increases in the average sales price for a home. In Queens, average sales price for a home (including cooperatives, condominiums and one- to three-family dwellings) increased 6 percent to $523,000, while home sales volume year-over-year increased a total of 7 percent to 4,303 units. Overall, total residential sales consideration rose 12 percent to $2.25 billion in the borough year-to-year. When examining Queens neighborhoods, Flushing recorded the most condominium sales in Queens this quarter with 86 units — an increase of 28 percent from last year’s third quarter. The average sales price was listed at $518,000, which is a 6 percent increase year-over-year. Long Island City recorded the highest average condo price per square foot for the quarter at $1,195, as well the as highest average co-op sale price coming in at $441,000. When examining average one- to three-family dwelling sale prices, Long Island City was highest at $1,902,000, followed by Astoria at $1,093,000 and Jamaica Estates/Holliswood at $1,025,000. “The record total transactional value and uptick in home sales completed this quarter represent the health of the residential market citywide,” said John Banks, III, REBNY president. “The slight pause felt last quarter was redirected through the hot summer season and this heightened activity sets us up for a promising remainder of 2016.” The Real Estate Board of New York is the City’s leading real estate trade association which publishes reports providing indicators of market prices for both the residential and commercial sectors. Ridgewood Times Real Estate Guide Listings selected at random. Courtesy MLSLI 69th Place 55th Drive 78th Street Woodward Ave. RIDGEWOOD Under 500K 19-80 Starr St, Ridgewood NY, 11385 $450,000 Condo 2 Bedrooms/2 Full Bathrooms Antoinette Caruso Realty Connect USA LLC 500-900K 18-07 Starr St, Ridgewood NY, 11385 $799,000 Colonial 5 Bedrooms/3 Full Bathrooms,1 Half Bathroom Carlos Piedrahita House Hunt Realty Corp Over 900K 861 Woodward Ave, Ridgewood NY, 11385 $1,750,000 2 Story, 4 Family 12 Bedrooms/4 Full Bathrooms Gobinda Lama Crifasi Real Estate Inc GLENDALE Under 500K 76-18 69th Pl, Glendale NY, 11385 $499,000 Condo 2 Bedrooms/2 Full Bathrooms Jonathan Sanchez Newman Realty Inc 500-900K 71-07 67th St, Glendale NY, 11385 $865,999 Colonial, 2 Family 8 Bedrooms/3 Full Bathrooms Jose Portillo Portillo Realty Corp Over 900K 59-22 Cooper Ave, Glendale NY, 11385 $1,300,000 Ranch 3 Bedrooms/1 Full Bathroom, 1 Half Bathroom Edward Fernandez Exit Realty Team MASPETH Under 500K 62-15 53 Ave, Maspeth NY, 11378 $269,888 Co-op 2 Bedrooms/1 Full Bathroom Raphael Khan Keller Williams Rlty Landmark 500-900K 52-46 71st St, Maspeth NY, 11378 $888,000 Colonial 3 Bedrooms/1 Full Bathroom,1 Half Bathroom John O Kane O Kane Realty Over 900K 61-32 55th Dr, Maspeth NY, 11378 $1,200,000 Duplex 6 Bedrooms/3 Full bathrooms Denise Fischetti L I Property Merchants MIDDLE VILLAGE Under 500K 66-83 70th St, Middle Village NY, 11379 $479,000 Condo 2 Bedrooms/2 Full Bathrooms Florin Spariosu Sparrow REALTORS LLC 500-900K 61-74 82nd St, Middle Village NY, 11379 $825,000 Townhouse 3 Bedrooms/1 Full Bathroom, 1 Half Anna Jargilo/ Wioletta Bednarczuk Exit All Seasons Realty Over 900K 66-63 78th St, Middle Village NY, 11379 $1,299,000 Colonial, 2 Family 5 Bedrooms/4 Full Bathrooms, 1 Half John Lombardi Crifasi Real Estate Inc
RT10272016
To see the actual publication please follow the link above