Mark Karten's Market Report

Flushing, NY 11354

Condos/Townhomes

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



Flushing, NY 11354

Wed Jul 06 2022
This week the median list price for Flushing, NY 11354 is $699,499 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has increased to 140. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Flushing, NY 11354

Wed Jul 06 2022
This week the median list price for Flushing, NY 11354 is $699,499 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has increased to 140. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Flushing market.
Median List Price $699,499
Median Price of New Listings $579,000
Per Square Foot $915
Average Days on Market 143
Median Days on Market 70
Price Decreased 24%
Price Increased 1%
Relisted 6%
Inventory 140
Median Rent
Market Action 27
Slight Buyer'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
$1,190,000 1,108 - 2 2 5 1 1 84
$778,000 760 0.25 - 0.5 acre 2 2 6 1 0 84
$649,000 764 6,500 - 8,000 sqft 2 2 15 0 1 98
$400,000 750 6,500 - 8,000 sqft 1 1 37 3 3 56