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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$742,911||-1.9%|
|2 bed apartments||$948,231||+2.5%|
|3 bed apartments||$2,055,000||+27.3%|
|4+ bed apartments||$1,815,160||+57%|
During Sep 2020, the average price for an apartment in/near Long Island City, Queens, NY increased by 31.6% to $1,404,438.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 1.9% to $742,911. Asking price for 2-bed apartment also increased by 2.5% and a place of this size will now cost you $948,231. A 3-bed apartment goes for $2,055,000, it increased by 27.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 57% and made it up to $1,815,160.
|Listing Type||Sep||vs Last Month|
|Apartments for sale||$1,924,970||+89.4%|
|Houses for sale||$1,040,388||-6.5%|
|Condos for sale||$1,072,871||-1%|
|Townhouses for sale||$1,099,000||+0%|
The average cost of an apartment in Long Island City, Queens, NY rised by 89.4% to $1,924,970. Price reports demonstrate that house price decreased by 6.5% this month making it up to $1,040,388. Condos faced an upward trend these days. The median price for a condo decreased by 1%, it’s now available for $1,072,871. Value of the townhouses didn’t change, the price still starts at $1,099,000.