Welcome to our monthly report on the Astoria real estate market. This month’s data, covering the time up until July 20, 2023, is rather surprising: no recorded transactions for single-family homes, condominiums, manufactured homes, or land lots. This stagnation has persisted over the last 180 days.

Without new data points for the current month, we are unable to provide average or median sales prices, or price per square foot figures for any of these categories. This extends to the prior month and the past 180 days as well. While it is unusual to see zero transactions in such a bustling market, it certainly poses interesting questions about the current state and future of Astoria’s real estate.

Despite the lack of transactions, it is essential to bear in mind that the real estate market fluctuates and this temporary pause should not be interpreted as a negative indicator. Astoria has always shown resilience in its real estate sector and this period might be a calm before a robust wave of activity.

It’s vital for prospective buyers and sellers to understand that these figures do not represent a decline in the value or desirability of Astoria properties. Let’s take a look at the data in detail.

We are optimistic about the market’s recovery and look forward to presenting more positive figures in the coming months. Stay tuned for more updates and insights on the Astoria real estate market.