REAL ESTATE
Surge in real estate listings across Queens at end of 2018: report
BY EMILY DAVENPORT
edavenport@ridgewoodtimes.com
Th e number homes that were on
the market in Queens took a sharp
increase at the end of the year, according
Sales in Queens HOMES COOPS CONDOS Listings and photos courtesy MLSLI
NORTHEAST NORTHWEST SOUTHEAST SOUTHWEST
COLLEGE POINT ASTORIA JAMAICA REGO PARK
Under $500,000
42-40 Bowne St., Flushing
$329,000
Co-op
2 bedrooms, 1 bathroom
Xiao Wang
Avenue & Street Realty Inc.
$500,000 - $900,000
2-02 Constitution Pl., College Point
$729,000
Condo
3 bedrooms, 2 bathrooms
Laura Copersino
Douglas Elliman Real Estate
Over $900,000
75-07 190th St., Fresh Meadows
$1,299,000
One family
5 bedrooms, 2.5 bathrooms
Igor Rafailove
E Z Sell Realty
Under $500,000
70-35 Broadway, Jackson Heights
$410,000
Co-op
1 bedrooms, 1 bathroom
Moinul Islam
Mega Homes Realty
$500,000- $900,000
23-11 21st Ave., Astoria
$525,000
Condo
1 bedroom, 1 bathroom
Bianca Colasuonno
Compass Greater
Over $900,000
40-21 73rd St., Woodside
$985,000
One family
4 bedrooms, 1.5 bathrooms
Angsavanee Touthong
AA Realty First Inc.
Under $500,000
175-45 88th Ave., Jamaica Terrace
$199,000
Co-op
1 bedroom, 1 bathroom
Dinah Burgos
Exit Realty First Choice
$500,000 - $900,000
131-13 Farmers Blvd., Jamaica
$625,000
Two-Family
4 bedrooms, 3 bathrooms
John Bazola
Keller Williams Realty
Over $900,000
145-56 Lakewood Ave., South Jamaica
$999,999
Th ree-family
10 bedrooms, 4 bathrooms
Sareng Halim
Guardians Realty
Under $500,000
117-01 Park Lane South, Kew Gardens
$325,000
Co-op
1 bedroom, 1 bathroom
Carlos Toledo
Douglas Elliman Real Estate
$500,000 - $900,000
87-30 87th St., Woodhaven
$899,000
Two-family
6 bedrooms, 2.5 bathrooms
Roberto Ayala
Realty Depot
Over $900,000
63-139 Alderton St., Rego Park
$1,290,000
Two-family
5 bedrooms, 4 bathrooms
Hsio Chu
Chiu Winzone Realty Inc.
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.
Th e 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.
Th e 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. Photo via Getty Images
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