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Brooklyn Market Trends

Today, July 5, 2009

Median Sales Price in Brooklyn

Embed Info
1 yr 5 yr Max
Brooklyn median sales prices
Number of sold homes in Brooklyn
No. BedroomsMar - May '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$520,062-11.3%$525,000$586,000$372,000
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Brooklyn Summary

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.

 

Average Listing Price in Brooklyn

Embed Info
1 yr 5 yr Max
Brooklyn average property price
Brooklyn – number of properties
No. BedroomsWeek ending
Jun 24
w-o-wWeek ending
Jun 17
Week ending
Jun 10
Week ending
Jun 3
1 bedroom$422,802-0.5%$424,739$426,185$432,251
2 bedrooms$625,654-0.9%$631,300$629,115$643,427
3 bedrooms$732,815-3.4%$758,815$761,110$755,706
4 bedrooms$779,618-4.7%$817,778$817,167$881,884
All properties$659,859-0.8%$665,335$670,602$685,626
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Average Price Per Sqft for Homes in Brooklyn

Embed Info
1 yr 5 yr Max
Brooklyn average price per square foot
No. BedroomsMar - May '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$275-21.2%$285$349$206
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Popular Neighborhoods in Brooklyn

Neighborhoods Week ending
Jun 24
w-o-w Week ending
Jun 17
Week ending
Jun 10
Bedford - Stuyvesant 1 — 1 1
Bay Ridge and Fort Hamilton 2 — 2 2
Park Slope 3 — 3 3
Sheepshead Bay 4 — 4 4
East Flatbush 5 — 5 5
Greenpoint 6 +3 9 7
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Homes for Sale in Brooklyn

491 Park Place, Brooklyn NY
491 Park Pl…
$359,000
1 br  1 ba
203 Macdougal Street, Brooklyn NY
203 Macdou…
$499,000
3 br  2 ½ ba
2913 Foster Avenue #6B, Brooklyn NY
2913 Foster…
$155,000
1 br  1 ba
702 44th Street, Brooklyn NY
702 44th St…
$585,000
2 br  1 ba
143 Amity Street, Brooklyn NY
143 Amity…
$3,450,000
 
Address Not Disclosed, Brooklyn NY
Address Not…
$899,000
6 br  4 ba
View all Brooklyn Homes for Sale
 
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Bedford - Stuyvesant

Bay Ridge and Fort Hamilton

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Nearby Cities

Cities
Median
sales price
Average
listing price
New York
$996,500
$2,021,723
Staten Island
$360,000
$521,307
Bronx
$377,500
$440,928
Inwood
$345,000
$389,102
Lawrence
$1,675,000
$1,003,953
Valley Stream
$350,000
$439,077
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Advice & Opinions

Recent Q&A in Brooklyn, NY

Q: Is there a different attorney fee for buying vs selling? 1 answer
Q: I want to get a pre-approval. 6 answers
Q: I rented the first floor of a 2 family home 6 months ago. My landlord has just told me that he is declaring 4 answers
Q: How do I find comps for a particular property type and zip code.? 2 answers
Q: Are there any day camp programs @ the Beacon Program? Be the first to answer

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More Advice & Opinions:
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Brooklyn Stats & Trends

  • Brooklyn Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Brooklyn real estate market. Find Brooklyn properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Brooklyn average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Brooklyn housing statistics are available for each Brooklyn, NY neighborhood.

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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.