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joe's Blog

By JOSEPH RUNFOLA JR, BROKER, GRI | Broker in Staten Island, NY

Bay Ridge & Fort Hamilton Overview

Trulia.com - The median sales price for homes in Bay Ridge & Fort Hamilton, Brooklyn for Mar 13 to May 13 was $722,500 based on 32 sales. Compared to the same period one year ago, the median sales price decreased 0.3%, or $2,500, and the number of sales decreased 13.5%. Average price per square foot for Bay Ridge & Fort Hamilton was $315, a decrease of 25.7% compared to the same period last year. There are currently 310 resale and new homes in Brooklyn on Trulia, including 8 open houses, as well as 80 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Bay Ridge & Fort Hamilton was $543,993 for the week ending Jun 26, which represents an increase of 1.5%, or $7,823, compared to the prior week.

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