The NW Queens Report – July 2026
The July 2026 residential data across Northwest Queens demonstrates sustained transaction liquidity and firmly established price floors. Active home buyers operated with clear strategy, rapidly absorbing inventory across Astoria, Long Island City, and Sunnyside.
Astoria: High Volume & Accelerating Townhouse Speed
Astoria posted its strongest month of completed transactions for the summer season, characterized by high sales volume and faster absorption across townhouses and co-ops.
- Total Sales Expansion: Closed transactions expanded to 60 completed trades, generating $60.52 million in total sold volume at an average sold price of $1,008,716.
- Townhouse Absorption: The townhouse segment led performance with 25 closed sales averaging $1,472,049 ($612 per square foot), with average time on market dropping down to 64 days.
- Condo Efficiency: Condominium pricing efficiency rose to $1,096 per square foot across 19 closed sales averaging $847,785.
- Co-op Velocity: Co-ops logged 16 closed trades at an average price of $475,863, cutting marketing time down to 98 days.
- Pipeline Metrics: 36 signed contracts entered the pipeline at an average asking price of $1,125,625, supported by 61 new listings introduced at an average asking baseline of $1,164,185.
Long Island City: Transaction Expansion & Luxury Premiums
Long Island City (LIC) experienced a major acceleration in completed closings, driven by strong core condominium trades and townhouse prices.
- Surging Closed Volume: Closed sales jumped to 36 completed trades totaling $46.79 million in sold volume, with the neighborhood’s average sold price reaching $1,299,707.
- Core Condo Liquidity: Condominiums doubled their closed volume from June, recording 32 closed trades at an average price of $1,169,390 ($1,424 per square foot) in an efficient 81 days on market.
- Luxury Townhouse Trades: Townhouses commanded a major luxury baseline, clearing 4 transactions at an average price of $2,342,250 ($871 per square foot).
- Active Buyer Demand: Pending contract activity accelerated to 26 signed deals averaging $1,316,346, while 53 new listings entered the market averaging $1,349,847.
Sunnyside: Co-Op Surge & Rapid Townhouse Sales
Sunnyside’s July performance was defined by a massive uptick in cooperative transactions alongside rapid absorption in the townhouse tier.
- Closed Sales Momentum: Total closed transactions rose to 21 completed trades, yielding $14.60 million in closed volume at an average sold price of $695,000.
- Co-op Market Volume: Cooperative trades dominated monthly activity with 15 closed sales averaging $437,667, with average days on market tightening significantly to 107 days.
- Townhouse Value & Speed: Townhouse trades achieved 5 closed sales averaging $1,431,000 ($812 per square foot), clearing the market in a rapid 54 days on market.
- Condo Milestone: A single condominium resale closed at $875,000, reaching $1,080 per square foot.
- Forward Inventory: 9 deals went into contract averaging $467,730, while 13 fresh listings entered the market at an average asking price of $681,769.
The July data underscores a stable, well-balanced market dynamic across Northwest Queens. While entry-level co-ops continue to offer accessible liquidity, turn-key condominiums and single- or multi-family townhouses retain exceptional pricing leverage.
As new listing volume moderates heading into late summer, inventory levels are gradually tightening. For sellers, disciplined launch pricing and proper staging remain critical to capturing active buyers; for buyers, strong absorption velocity across key property classes highlights the need for decisive negotiation strategies before autumn inventory arrives.
Curious how these July pricing benchmarks affect your current property valuation or your fall home-buying plans? Reach out today to discuss your upcoming real estate goals.