Flushing homes sales were up over 55% in May of 2009 from May of 2008. Great news for a market that, dare we say may have stabilized? The average price is down and that has caused the swelling of the sales numbers, investors and first time buyers are picking up homes and condos as low at $15,000 with is about a 70% discount from 2005 prices on the low end.
This little Norman Rockwell like town with an average sales price of only $93,537. That is crazy.
See all the data from the May 2009 Market report here.