STAT OF THE DAY: In Queens, Half a Mill Is A Lot of Money

The median Queens home sales price was $460,000 by the end of 2007, according to a fourth-quarter report authored by Jonathan Miller, executive vice president of research firm Radar Logic Inc. The report, released in Janaury, is now available online (PDF) and also covers parts of Long Island. The average sales price was $496,533.

STAT OF THE DAY: In Queens, Half a Mill Is A Lot of Money