Kin's Blog: November 2008

2 bedrooms in Utopia Tenant Co-op

This co-op is located in Flushing, NY11358, on 39 Ave between Utopia Parkway & Francis Lewis Blvd. The location is closely to Long Island Railroad Station.

It is Garden Style walk-up 2 stories building managed by Rachlin Management.

The maintenance includes electricity, gas, water, heat and real estate tax.

Asking price is $229,000. Virtual tour is on our web site www.KinRealEstate.com

 

0 commentsKin Tsui • November 12 2008 11:00PM

Median price dropped 14.2% in Oct 08

Median Price in Queens on closed properties in October 2008 dropped 14.2% comparing to October last year. Inventory level is slightly less than last October.

.... Oct 2008 .... Oct 2007

Queens ... $385,000 ... $448,500 (-14.2%)

Nassau ... $425,000 ... $474,000 (-10.3%)

Suffolk ... $345,000 ... $385,000 (-10.4%)

..................... Inventory ...................... Units in contract .................. Months Supply

................ 10/08 ..... 10/07 ........ 10/08 .... 09/08 ...... 10/07

Queens .... 11303 ..... 11553 .......... 572 ........ 690 ......... 697 ............. 19.8

Nassau   .... 9929 ..... 10036 .......... 689 ........ 828 ......... 791 ............. 14.4

Suffolk .... 13989 ..... 14621 .......... 828 ......... 912 ........ 902 .............. 16.9

Source: Long Island Board of Realtors

 

0 commentsKin Tsui • November 12 2008 10:11PM