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24.2% of Queens Homes Sold Above Asking as NYC Buyer Competition Remains
Photo: Kidfly182 / Wikimedia Commons, CC BY 4.0. Cropped by ARCFE. New York City’s residential sales market continued to show meaningful buyer competition in August. According to StreetEasy’s August 2026 NYC housing market report, 21.8% of homes across New York City sold above their most recent asking price, up from 20.5% a year earlier. Queens recorded an even higher share at 24.2%, while Brooklyn reached 31.9%. This sales-side activity also complements another Queens housin

ARCFE-CN
1 day ago3 min read


【NYC Real Estate】The Grun Group Files Plans to Build 108 Units in Kew Gardens, Queens
The residential development landscape in Queens is experiencing a significant surge in activity as developers actively seek creative strategies to expand housing supply. The Grun Group has officially filed new construction plans with the New York City Department of Buildings to bring two adjacent multi-family buildings to the Kew Gardens neighborhood, resulting in 108 new residential units. The proposed twin developments are situated on Grosvenor Lane, just south of Metropoli
ARCFE U.S.
Jun 232 min read


【NYC Real Estate】Median Sales Surge 61% in a Queens Neighborhood That's Now the Fifth Priciest in NYC
A Queens neighborhood has broken into New York City's top five most expensive areas for the very first time. According to PropertyShark's latest quarterly report, Malba — a small, affluent enclave in Whitestone near the Nassau County line — saw its median sales price surge a breathtaking 61% year-over-year to a record $2.5 million during Q1 2026. That stratospheric jump placed Malba as the fifth priciest neighborhood in all of New York City, standing just behind Tribeca and S
ARCFE U.S.
Jun 22 min read
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