These are the Top Real Estate Agents in Queens NY for 2019 following the sales data from 2018.
Queens had the third largest residential property sales in New York City in 2018 with a total sales volume of $3.09 billion based on 4,607 properties sold. Houses sold made up 51% of the total units sold while apartments accounted for the remaining 49%.
Forest Hills recorded the highest property sales in Queens in 2018. Residential sales in the area accounted for 13% of the total properties sold in the borough. Of the 593 properties sold, 511 were apartments and only 82 were houses. Most apartments sold were co-ops.
Jackson Heights came in second with 287 properties — 6% of the total residential units sold in Queens. Of these properties, 235 were apartments and only 52 were houses. Similar to the trend in Forest Hills, co-ops saw the highest number of properties sold.
With 181 properties sold, most of which were condos, Hunters Point rounded up the top three. Of these properties, 178 were apartments and only 3 were houses. These units accounted for 4% of the total properties sold in the area.
For the year 2018, the number of houses and apartments sold in Queens was almost equal. Houses took the lead by only 2%.
Of the houses sold, there were 1,682 single-family houses. This made up 37% of the total properties sold.
Multi-family homes made up 12% of the total properties sold with 569 units. Townhouse sales trailed behind with 117 units sold , which accounted for 3% of the total property sales.
Among apartments in the area, co-ops registered the highest sales with 1,549 units sold — about 34% of the total properties sold during the year. Condos came in next with 14%.
As expected, condops only accounted for 1% of the total residential properties sold in 2018.
In 2018, residential properties sold in Queens had a median price of $590K.
Houses sold had a median price of $791K. The average apartments sold for almost half the price of one house with a median price of $385K.
Co-ops had the lowest median price at $320K and condops came in second at $373K. Meanwhile, condos had the highest median price at $668K.
Among houses, single-family homes had the lowest median price at $725K, followed by townhouses at $864K.
Multi-families had the highest median price among all property types in Queens at $900K.
Number of Days on the Market
On average it took 85 days to sell a property in Queens — this applies to both houses and apartments.
Among the properties in the area, co-ops had the lowest number of days in the market at 82 days followed by single-family homes with 83 days.
It took a few more days to sell a townhouse which had an average number of days on the market of 88 days. Condos and Multi-family homes tied in fourth place with an average of 92 days.
Condops were the hardest properties to sell. It took about 120 days to complete the transaction.
Listing vs. Selling Price
In 2018, residential properties sold for 2% below listing price.
Houses sold at an average of 4% below the listing price. Meanwhile. apartments saw a better deal with properties selling at 1% below the listing price.
On average, the selling price for single-family homes was 4% below the listing price. Multi-family homes and townhouses, on the other hand, sold 3% below the listed value.
The average selling price for condos and condops was at 2% below the listed price but co-ops sold at 1% below the listing price.
Most Properties Sold
Gabriel K. sold 103 properties in Queens in 2018 with a total sales volume of $63.14 million. Of these properties, there were 71 houses, 31 multi-families, and 1 townhouse.
It took Gabriel about 83 days to sell these properties and the selling price was 2% lower than the listing price.
Best For Apartments
Lily T. completed the sale of 44 apartments in Queens. She stood out not just in selling apartments but also in closing an excellent deal for the seller.
It only took her 60 days to close on 42 co-ops and 2 condos which had a sales volume of $15.77 million. The selling price of the apartments was also 1% higher than the listed price.
Best For Houses
Once again, Gabriel K. took the lead on the number of houses sold. All 103 properties he sold were houses and his total sales made up 4% of the total houses sold in Queens.
Gabriel was also the top agent based on the number of single-family homes sold in 2018. The 71 single-family homes he sold made up 4% of the total single-family homes sold in 2018. It took Gabriel about 84 days to sell these houses at 1% below the listing price. He only sold one townhouse for only 50 days at 3% below the listing price.
Best For Multi-family
Gabriel K. dominated the housing market sales in Queens in 2018. He also topped multi-family sales with a record of 31 houses, representing 5% of total multi-families sold for the year. He recorded a total sales volume of $23.84 million.
Gabriel’s properties stayed on the market for an average of 80 days. The selling prices of these properties were typically 2% lower than the listed price.
Jimmy B., Edward K., and Carol C. recorded the fastest sales at the best price. All three agents sold a property in just two days. Considering the average days on the market for multi-families in Queens, the 2-day turn around was extraordinarily fast.
In 2018, Jimmy sold a condo in Ditmars-Steinway in just two days at 4% below the listing price.
Carol had the same 2-day record for a single-family home in Sunnyside which sold for $980K —2% below the listing price.
Edward also sold a multi-family home in Woodhaven at its listed price — $550K — in just two days.
Bertha C. recorded the highest selling price versus the listed price in 2018. He sold a single-family home in Rego Park for $870K. And this price is 45% above the listed price.