Mark Karten's Market Report

Flushing, NY 11354

Single-Family Homes

Licensed Real Estate Broker | REALTOR® | 917-502-2635 | mark@kresnyc.com



Flushing, NY 11354

Tue Oct 19 2021
This week the median list price for Flushing, NY 11354 is $1,093,000 with the market action index hovering around 42. This is an increase over last month's market action index of 30. Inventory has decreased to 32. Click here to stay informed with the Flushing market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Flushing, NY 11354

Tue Oct 19 2021
This week the median list price for Flushing, NY 11354 is $1,093,000 with the market action index hovering around 42. This is an increase over last month's market action index of 30. Inventory has decreased to 32. Click here to stay informed with the Flushing market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Flushing market.
Median List Price $1,093,000
Median Price of New Listings $589,000
Per Square Foot $656
Average Days on Market 119
Median Days on Market 77
Price Decreased 34%
Price Increased 0%
Relisted 13%
Inventory 32
Median Rent $1,950
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,740,000 2,604 8,000 - 10,000 sqft 5 4 88 0 0 136
$1,298,944 2,660 0 - 4,500 sqft 4 2 96 0 2 52
$976,500 1,673 0 - 4,500 sqft 3 2 86 0 2 77
$563,000 688 0 - 4,500 sqft 1 1 31 1 1 70