Market Condition in Rego Park, NY 11374

Inventory as at 02/25/09:

8 units of 2 family - median asking price $882,000

16 units of 1 family - median asking price $619,000

30 units of condo - median asking price $377,000

138 units of co-op - median asking price $215,000

Units closed in the last 3 months period from 11/1/08 to 01/31/09:

2 units of 2 family - median selling price $780,000

4 units of 1 family - median selling price $570,000

4 units of condo - median asking price $363,000

30 units of co-op - median selling price $210,750

Units closed in the same 3 months period last year from 11/1/07 to 1/31/08:

3 units of 2 Family - median selling price $710,000

7 units of 1 Family - median selling price $575,000

8 units of condo - median asking price $287,500

48 units of co-op - median selling price $212,500

Source: MLS of Long Island