Forest Hills Market Trends


Median Sales Price in Forest Hills

 

1 yr 5 yr Max
Forest Hills median sales prices
Number of sold homes in Forest Hills
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Forest Hills $700,000 +7.7% $760,000 $650,000 $634,000
Queens $475,000 +0.5% $439,000 $472,500 $428,750
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Summary for Forest Hills


The median sales price for homes in Forest Hills for May 14 to Aug 14 was $700,000. This represents a decline of 7.9%, or $60,000, compared to the prior quarter and an increase of 7.7% compared to the prior year. Sales prices have appreciated 10.4% over the last 5 years in Forest Hills, Queens. The median sales price of $700,000 for Forest Hills is 47.37% higher than the median sales price for Queens NY. Average listing price for homes on Trulia in Forest Hills was $569,331 for the week ending Aug 13, which represents an increase of 3.6%, or $19,766 compared to the prior week and an increase of 5.1%, or $27,741, compared to the week ending Jul 23. Average price per square foot for homes in Forest Hills was $513 in the most recent quarter, which is 34.65% higher than the average price per square foot for homes in Queens.

Average Listing Price in Forest Hills

 

Forest Hills average property price
Forest Hills – number of properties
Neighborhood Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Week ending
Jul 23
Forest Hills $569,331 +3.6% $549,565 $546,168 $541,590
Queens $472,120 +2.3% $461,473 $458,798 $459,965
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Average Price Per Sqft. for Homes in Forest Hills

 

1 yr 5 yr Max
Forest Hills average price per square foot
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Forest Hills $513 +19.9% $539 $428 $418
Queens $381 0.0% $380 $381 $336
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Popular Neighborhoods in Queens


Neighborhoods Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Jackson Heights 1 1 1
Astoria 2 +1 3 2
Rego Park 3 -1 2 4
Jamaica 4 +6 10 11
Bayside 5 -1 4 3
Ridgewood 6 +1 7 5
Homes for Sale in Forest Hills
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