Queens Real Estate Market Update for Q1 of 2026
Here is my Queens Real Estate Market Update for Q1 of 2026. Granted, in just the last 3 weeks mortgage rates have come down a bit, but not quite to the levels of the beginning of March. And there is much more here: Median prices for all types of residential properties including 1,2,3,4 families and condos and coops; changes in Transaction Numbers with YOY information; Days on Market information; Closed Price / Listing Price Ratio; Rental Median prices; CPI and Mortgage Rates too; my at a glance one slide summary to see everything together with a hint of insight based on my experience of 32 years as Real Estate Broker in NYC, and as usual my sincere offer for a Free, Accurate, No Obligation Market Analysis of your property. #QueensRealEstateMarketUpdate
Queens Real Estate Market Update for Q4 of 2025
Summary of findings for Q4 of 2025:
- Inflation ends at 2.7% but data in November was incomplete.
- Mortgages trended lower ending at 6.15% for the 30 years fixed mortgage.
- All residential properties and Apartments median prices were higher Year Over Year , except for 3 & 4 family homes.
- All properties are selling faster, meaning Days On Market were lower across all property classes, specially 1 & 2 family homes.
- Sales counts were even for 1 & 2 families but lower by 10% for Apartments (Coops and Condos).
- Sales counts were much higher for 3 & 4 family properties as their saw their prices adjust lower.
- For 1 family homes, inventories decreased and the ratio between Closing Price and Final Asking Price came down, meaning sellers of 1 family homes got closer to asking price.
- Median rents were stable or lower for all unit types.
- In conclusion, 1 family properties are still in a seller´s market while larger multifamilies (3 & 4) and investment properties seem to be at the doors of a a buyer´s market as rents cool down after being overheated for the last few years.
Queens Real Estate Market Update for Q3 of 2025
Find out about median prices for 1-4 family homes and coop and condo apartments. Also check sales counts and trends, how average days on the market are evolving, how negotiable prices were and what is going on with the inventory. Here is a summary:
Q3 2025 Queens Real Estate Market Update
1. INFLATION SETTLES AROUND 3%.
2. MORTGAGES TRENDED LOWER, ENDING AT 6.3%.
3. ALL RESIDENTIAL PROPERTIES AND APARTMENTS REACHED RECORD MEDIAN PRICES.
4. SALES COUNTS WERE LOWER FOR 1, 2 FAMILIES AND APARTMENTS.
5. SALES COUNTS HIGHER FOR 3 & 4 FAMILIES, +39%
6. SUPPLY WENT UP TO 10 MONTHS = BUYERS MARKET
7. MEDIAN RENTS WENT UP FOR LARGER UNITS (2-3 BRS)
8. CONCLUSION: LOWER MORTGAGE RATES, RECORD SALES PRICES, REDUCED NUMBER OF TRANSACTIONS, HIGHER REALESTATEINVENTORY AND HIGH DEMAND FOR LARGER RENTALS. ALL THESE MEAN CHANGES ARE COMING, STAY TUNED FOR OUR ANALYSIS VIDEO…
Queens Real Estate Market Update for Q2 of 2025
SUMMARY OF STATS AND FACTS
1. INFLATION TICKS UP SLIGHTLY IN JUNE.
2. MORTGAGES STABLE AT 6.67%, LIMITING AFFORDABILITY.
3. 1 FAMILY MEDIAN PRICE 3.5% HIGHER YOY.
4. 2 FAMILY MEDIAN PRICE 8.3% HIGHER YOY.
5. 3 AND 4 FAMILIES PRICE ARE STABLE YOY.
6. APARTMENTS PRICES 8.2% LOWER YOY.
7. PRICE NEGOTIABILITY LIMITED AT 1.6%.
8. SUPPLY AT CLOSE TO 6 MONTHS, SIGNALING A MORE BALANCED MARKET.
9. THE RENTAL MARKET IS STRONGEST FOR 1 BR UNITS.
Queens Real Estate Market Update for Q1 of 2025
Macroeconomic statistics for inflation, mortgage rates and specific real estate numbers for median prices, transaction numbers for all residential and apartment properties. Also a look at real estate inventory levels, negotiability (list price/sold price), average days on the market, the rental market and our conclusions. As always, do not hesitate to contact us for a free, accurate, no obligation market analysis.
Q4 of 2024 Queens Real Estate Market Update
Q3 of 2024 Queens Real Estate Market Update
Q2 of 2024 Queens Real Estate Market Update
Q1 of 2024 Queens Real Estate Market Update
Q4 of 2023 Queens Real Estate Market Update
Q3 of 2023 Queens Real Estate Market Update
Queens Real Estate Market Update for Q2 of 2023
Queens Real Estate Market Update for Q1/2023
Queens Real Estate Market Update for Q4/2022 and our forecast for 2023
Q3 2022 Queens Real Estate Market Snapshot
Q2 2022 Queens Real Estate Market Snapshot
Q1 2022 Queens Real Estate Market Updated, The Snapshot
Q4 2021 Queens Real Estate Market Update and 2022 Implications
Q3 2021 Queens Real Estate Market Report
Q2 2021 Queens Real Estate Market Snapshot
Q2 2021 Queens Real Estate Market Update
Q1 2021 Queens Real Estate Market Snapshot
Q1 2021 Queens Real Estate Market Update
