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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|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|
|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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$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|