The median sales price for homes in Brooklyn NY for Mar 09 to May 09 was $520,062. This represents a decline of 0.9%, or $4,938, compared to the prior quarter and a decrease of 11.3% compared to the prior year. Sales prices have appreciated 39.8% over the last 5 years in Brooklyn.
The average listing price for Brooklyn homes for sale on Trulia was $659,859 for the week ending Jun 24, which represents a decline of 0.8%, or $5,476, compared to the prior week and a decline of 3.8%, or $25,767, compared to the week ending Jun 03. Average price per square foot for Brooklyn NY was $275, a decrease of 21.2% compared to the same period last year. Popular neighborhoods in Brooklyn include Bedford - Stuyvesant, Bay Ridge and Fort Hamilton, Park Slope, Sheepshead Bay, East Flatbush, and Greenpoint.