Is Queensboro Hill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Queensboro Hill has remained a Buyer's Market.
Housing Prices in Queensboro Hill, NY
How much do homes in Queensboro Hill, NY cost?
Median Sold Price
$972,500
$714/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Queensboro Hill was $972,500 in April 2024, up 4.6% from last year, and the median price per square foot was $714.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $718K | $628K | -12.5% |
2 Bedrooms | $880K | $910K | +3.4% |
3 Bedrooms | $990K | $912.5K | -7.8% |
4 Bedrooms | $1.1M | $1.0M | -8.3% |
5+ Bedrooms | $1.5M | $1.3M | -12.8% |
Summary: Queensboro Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Neighborhoods
Kew Gardens Hills | $374.7K | $415K | +10.7% |
Queensboro Hill | $929.4K | $972.5K | +4.6% |
Flushing | $662.3K | $687.5K | +3.8% |
Fresh Meadows | $1.0M | $999K | -2.5% |
Housing Supply in Queensboro Hill, NY
How many homes are available in Queensboro Hill, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 51 | +15.9% |
Summary: The Queensboro Hill real estate market had 51 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Queensboro Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Queensboro Hill in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Queensboro Hill, NY
How long does it take to sell a home in Queensboro Hill, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 102 Days | +25.8% |
Summary: Homes in Queensboro Hill had an average of 102 days on market in Apr 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Queensboro Hill; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.