Queens prices down in 2nd quarter

July 24, 2007 12:00AM

The median sales price of Queens properties was down 4.3 percent in the second quarter, according to a report from Prudential Douglas Elliman. The median price for a Queens residential property was $469,000, and all but the upper end of the borough’s housing stock posted a decline in average sales price as compared to the same period last year. The top 20 percent of Queens’ market saw a 4.6 percent increase in average sales price, to $852,973, compared to the second quarter of 2006. TRD


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