131-01 40th Road #10S, Flushing, NY 11354

Flushing Market Trend

Month-to-month medians in Flushing have been uneven across the past 2 years, ranging anywhere from $523K to $750K — more indicative of a thin or property-mix-driven market than of a single direction. Recently, homes have been selling in about 69 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $626K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.57M) versus one heavy on co-ops (around $322K) can swing the all-types figure on its own, independent of any change in value. Of 981 recent sales, condos made up the largest share at about 56% with a median near $664K, co-ops about 29% near $322K, single-family about 11% near $1.15M, multi-family (2-4 family) about 4% near $1.57M. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $1.15M, roughly $521K over the headline number, even though the higher-priced single-family in the mix pull the other way but at about 11% are too small a share to offset that drag. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.