Queens sees higher median home prices amid shrinking inventory and fewer sales: Report – QNS

Queens sees higher median home prices amid shrinking inventory and fewer sales: Report – QNS

Jul. 10, 2025 By Ethan Marshall Queens saw a year-over-year increase in the median sales price of co-ops, condos, and one-to-three-family homes during the second quarter of 2025, even as both inventory and the number of closed sales declined, according to a report by Douglas Elliman Real Estate. The borough’s median sales price of condos, co-ops, and one-to-three-family units rose 4.1% year-over-year, from $686,500 in the second quarter of 2024 …

Median sales price in Brooklyn climbs to $995,000 in the second quarter

Brooklyn’s median sales price continued to flirt with the $1 million mark amid rising sales in the second quarter. Both the median and average sales prices in the borough reached new highs for the second consecutive quarter according to the latest editions of the Elliman Report, which covers co-op, condo, and one-to-three family house sales for Brooklyn and Queens. The median sales price in Brooklyn rose half a percent in the second quarter to $…