The median sales price for homes in Brooklyn NY for Aug 09 to Oct 09 was $530,000. This represents an increase of 2.3%, or $12,000, compared to the prior quarter and a decrease of 8.6% compared to the prior year. Sales prices have appreciated 27.7% over the last 5 years in Brooklyn.
The average listing price for Brooklyn homes for sale on Trulia was $620,192 for the week ending Nov 10, which represents a decline of 2.8%, or $18,090, compared to the prior week and a decline of 1.6%, or $9,954, compared to the week ending Oct 20. Average price per square foot for Brooklyn NY was $304, a decrease of 11.4% compared to the same period last year. Popular neighborhoods in Brooklyn include Bedford - Stuyvesant, Park Slope, Sheepshead Bay, Brooklyn Heights, Williamsburg, and East Flatbush.