| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 11214 | $620,000 | -9.8% | $587,500 | $687,500 | $500,000 | Brooklyn | $530,000 | -8.6% | $518,000 | $580,000 | $415,000 |
Brooklyn, 11214 Market Trends
Today, November 9, 2009
Brooklyn, 11214 Summary
The median sales price for homes in ZIP code 11214 for Aug 09 to Oct 09 was $620,000. This represents an increase of 5.5%, or $32,500, compared to the prior quarter and a decrease of 9.8% compared to the prior year. Sales prices have appreciated 24% over the last 5 years in 11214, Brooklyn.
The median sales price of $620,000 for 11214 is 16.98% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in ZIP code 11214 was $529,854 for the week ending Nov 04, which represents a decline of 1%, or $5,097 compared to the prior week and a decline of 4.4%, or $24,226, compared to the week ending Oct 14. Average price per square foot for homes in 11214 was $303 in the most recent quarter, which is 0.33% lower than the average price per square foot for homes in Brooklyn.
| Location | Week ending Nov 4 | w-o-w | Week ending Oct 28 | Week ending Oct 21 | Week ending Oct 14 |
|---|---|---|---|---|---|
| 11214 | $529,854 | -1.0% | $534,951 | $530,412 | $554,080 | Brooklyn | $637,777 | -0.1% | $638,198 | $630,537 | $633,036 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 11214 | $303 | -17.2% | $281 | $366 | $248 | Brooklyn | $304 | -11.4% | $295 | $343 | $239 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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