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Author Topic: The state of the RE market in Queens  (Read 19971 times)

Offline Shelby2

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Re: The state of the RE market in Queens
« Reply #45 on: July 16, 2009, 10:50:43 PM »
There is a huge difference between the West Queens market and the Northwest Queens market in terms of the graph they are showing.

It's interesting to note that Northwest Queens includes Sunnyside, Woodside and Astoria, but not Jackson Heights.  West Queens, where JH falls according to the Prudential Elliman division, includes Corona, East Elmhurst, Flushing Meadows Park, Glendale, etc.

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Offline dssjh

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Re: The state of the RE market in Queens
« Reply #46 on: July 16, 2009, 11:19:59 PM »
yeah, it's getting harder and harder to sell a property inside flushing meadows park...  ;D
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Offline Shelby2

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Re: The state of the RE market in Queens
« Reply #47 on: July 16, 2009, 11:50:13 PM »
Quote from: dssjh on July 16, 2009, 11:19:59 PM
yeah, it's getting harder and harder to sell a property inside flushing meadows park...  ;D

"Airport Laguardia" is also listed in this section.  Anyone want to buy a hangar?
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Offline MarcusW

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Re: The state of the RE market in Queens
« Reply #48 on: July 21, 2009, 07:30:05 AM »
I think geographic boundaries are a little strange in that report too, but no matter where you draw the line, someone's gonna be unhappy. I'd argue that easy-commutable-to-Manhattan queens (LIC, Astoria, Sunnyside, Woodside, JH, Elmhurst, Rego Park, Forest Hills, KG) versus other, more car dependent neighborhoods (East Elmhurst, Ridgewood, Middle Village, Glendale etc) might bring up interesting results.

I think what's interesting in that report, however, is the strength of coops versus houses in Queens - coops have essentially stayed stable (a 2% drop in median sales prices over prices a year ago) versus houses (a 16% drop in median sale prices over a year ago). Yay, coops!
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Offline NYC Native

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Re: The state of the RE market in Queens
« Reply #49 on: July 21, 2009, 07:37:32 AM »
Coops Rule!
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