The NW Queens Report – April 2026
The April 2026 data is in, and Northwest Queens is moving into a new phase of market maturity. After a massive influx of inventory in March, April was characterized by high-value absorption and significant pricing milestones across Astoria, Long Island City, and Sunnyside.
Astoria: The Efficiency Phase
Astoria is successfully absorbing the “Spring Surge” of inventory from previous months. While new listing volume and contract signings moderated from their March highs, the neighborhood saw a substantial jump in successful closings.
Closed Sales Jump: Closings increased by 38.5%, with 54 successful trades this month compared to 39 in March.
Condo Pricing Power: The Average Sold Price reached $965,306, a 7.9% increase over the previous month.
Price Per Square Foot: Condo efficiency hit a new benchmark of $1,071 PPSF, up over 10% from March.
Diverse Inventory Trade: The market saw 19 house sales at an average of $1,386,832 and 8 co-op sales at an average of $552,441.
Click Here for the Full Astoria Report
Long Island City: Solidifying Luxury Status
Long Island City (LIC) continues to serve as the regional anchor for luxury and high-end residential assets. April was defined by a shift toward higher-end transactions, even as the market paused for a breath following a frantic March.
Rising Sold Prices: The Average Sold Price climbed nearly 15% to $1,578,080. PPSF Benchmark: The condo segment officially broke the $1,600 Price Per Square Foot barrier, averaging $1,601 PPSF.
Increased Velocity: Despite a dip in contract volume, market efficiency improved as condo days on market dropped from 123 to 103 days.
Click Here for the Full Long Island City Report
Sunnyside: The Engagement Leader
Sunnyside saw the most explosive growth in buyer commitment this month. It remains a high-velocity favorite for those seeking a value-adjacent opportunity to Astoria and LIC.
Contract Activity Explosion: Contracts signed skyrocketed by 142.9%, jumping from 7 in March to 17 in April.
Inventory Expansion: Sellers brought 23 new listings to the market, providing a 35% increase in selection for active buyers.
House Market Strength: Volume in the house segment tripled, with 6 closed sales at an average price of $1,424,417.
Average Closed Price: Across all residential types, the average sold price remained strong at $964,909.
Click Here for the Full Sunnyside Report
2026 Market Outlook: Steady Growth Ahead
The transition from an “inventory surge” in March to a “high-value trade” environment in April is a powerful leading indicator for a robust Q3. As pricing floors continue to stabilize at premium levels, we expect demand for well-maintained condos and houses to remain elevated through the summer.
For sellers, the current rising PPSF in LIC and Astoria offers a clear strategic window for an exit.
For buyers, the increased selection in Sunnyside provides a rare moment of choice in an otherwise competitive landscape.