Mark Karten's Market Report

Flushing, NY 11354

Condos/Townhomes

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 $699,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has decreased to 139. 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 $699,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has decreased to 139. 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 $699,000
Median Price of New Listings $994,500
Per Square Foot $896
Average Days on Market 170
Median Days on Market 91
Price Decreased 22%
Price Increased 1%
Relisted 13%
Inventory 139
Median Rent $2,300
Market Action 34
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,170,000 1,129 - 2 2 4 2 2 189
$769,000 900 - 2 2 11 1 5 91
$658,000 757 0.25 - 0.5 acre 2 2 13 0 3 84
$548,000 650 6,500 - 8,000 sqft 1 1 11 1 5 91