33 new real estate properties in Flushing, New York have been added to Ofirio in the last 7 days.
Of those new properties:
Flushing, New York has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 4% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 4%. Homes in Flushing, New York are on the market for 109 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the Luxury segment and it is 136% ($505,829) more than the week prior.
The average closing price for real estate in Flushing New York has fallen by 11% from the last week, which amounted to $679,532.
As of January 2023 Flushing, NY is a seller market which means homes sell faster at a higher price. In January 2023, 2 homes (6.7%) sold at asking price, 25 homes (83.3%) sold below asking price, and 3 homes (10.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 13.1% from $564,000 in January 2022 to $490,000 in January 2023. The number of homes sold in Flushing, NY has decreased by 62.3% over the last year from 77 in January 2022 to 29 homes in January 2023.
Homes in Flushing, NY have sold for 27.5% less per ft² than they did a year ago. As of January 2023 the average price per square foot is $614.