Erica Long NYC Real Estate

Call me at (805)551-4968

Jackson Heights, Queens NY

Keeping Up With The Market

Jackson Heights Queens Area Market Report

August 2024

Dear Neighbor,

After years spent in a home, nearly every homeowner reaches the point where they decide to downsize to free up finances and move to a location that offers more lifestyle flexibility. Of course, the first order of business is selling and securing all the equity you’ve built without feeling stressed.

For most of us, our homes are the largest asset we’ll ever own—so you are right to want to understand this asset and the market you are in. As you consider selling, you deserve the insight and guidance from an expert in your local market. Here are the top things to know about the Jackson Heights and surrounding area real estate market right now:

Absorb

As the number of properties listed on the market fell, demand from buyers is still high.  The market has starting to come down, further highlighting the importance of correctly pricing and positioning your home from the beginning so you can get top dollar as “best in class” rather than languishing on the market.

Median Sale Price Level for Single Family Homes

Median Sale Price for Coops up 4% from a year ago

Medain sale price for Condos is up 13%

↓ Down Level

2%

Median sale price in Queens Single Family home is now at $825k, same as a year ago Condo is up 13% from $645k in March 2023. When you price correctly from day one, you can maximize offers and ultimately sell for the highest possible price as quickly as possible.  We continue to see homes sell with multiple offers

Median days on market are up, at 37 for the year. As demand has decreased, this further demonstrates the need for precise strategy with pricing and marketing to ensure your home sells for top dollar in few days on market.

If you’re thinking about selling in the next 12 months, now is the time to start preparing for market.

When I help my clients sell their homes, I’m with them every step of the way. This is not just another transaction. It is an opportunity for me to help you realize what is likely one of the most important milestones you will make in your lifetime. With my proven marketing strategies, we’ll get your home in front of the most qualified buyers and get you successfully transitioned to your next chapter with ease.

If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation

→ (805)551-4968
We will cover your goals and my unique approach to getting you the highest possible price in the fewest days on market.

Call Today → (805)551-4968

Words From My Clients

Terrific experience! She lined up multiple properties so view the same day I called her. It was a tough battle getting things finalized and Erica was there every step of the way determined to find a solution for every obstacle. Her communicative skills are as superb as her composure and perseverance. You would doing your self a disservice to read this and not hire her on the stop !

-M.Bradshaw

personally worked with Mrs. Erica Long this year in the selling of my apartment. To start off, she is friendly, knowledgable and versatile. She was very personable and accommodating in helping me present my apartment in such an appealing way and provided me with the necessary guidance in navigating me through the ins and outs in a smooth sale. She would go beyond her call of duty to make sure tings are just right. Her personal touch helped an otherwise more difficult situation. I would highly recommend her hands down. She's a sheer winner!

-Dr. Lin

Erica is a rare gem as a real estate agent and even more as a person.  Her laid back California demeanor mixes well with the NYC hustle.  She was extremely patient, accommodating and attentive when it came down to our search requirements,  She always made us feel like we were in great hands and took our concerns as her own.  We definitely recommend Erica in assisting anyone to find their perfect home.

-Astrid & Dave

You can’t find a better broker than Erica! She worked tirelessly to show me every building that fit my requirements in the area where I wanted to live. When we found out that my dream building had a long waiting list, she called them every day until they gave me an application for a one bedroom.  Now here I sit in that building, in my gorgeous new apartment, so grateful for her and all of her hard work.  I am so glad that I chose to work with Erica. She is knowledgable, hard working, and a great person, too.

-Bryan C

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