7166 Parsons Boulevard #6C, Flushing, NY 11365

Flushing Market Trend

Month-to-month medians in Flushing have been uneven across the past 2 years, ranging anywhere from $667K to $1.26M — more indicative of a thin or property-mix-driven market than of a single direction. Recently, homes have been selling in about 61 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $990K blended median combines very different types, so a stretch heavy on multi-family (2-4 family) (around $1.34M) versus one heavy on co-ops (around $239K) can swing the all-types figure on its own, independent of any change in value. Of 273 recent sales, single-family made up the largest share at about 63% with a median near $1.07M, condos about 15% near $585K, multi-family (2-4 family) about 14% near $1.34M, co-ops about 7% near $239K. Because condos, 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 $1.07M, roughly $80K over the headline number, even though the higher-priced multi-family (2-4 family) in the mix pull the other way but at about 14% 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.