Brooklyn Heights Market Trends


Median Sales Price in Brooklyn Heights

 

1 yr 5 yr Max
Brooklyn Heights median sales prices
Number of sold homes in Brooklyn Heights
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Brooklyn Heights $1,175,000 -49.0% $1,160,037 $2,303,790 $1,900,500
Brooklyn $667,750 +10.2% $598,000 $605,859 $495,975
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Summary for Brooklyn Heights


The median sales price for homes in Brooklyn Heights for Feb 15 to May 15 was $1,175,000. This represents an increase of 1.3%, or $14,963, compared to the prior quarter and a decrease of 49% compared to the prior year. Sales prices have depreciated 38.2% over the last 5 years in Brooklyn Heights, Brooklyn. The median sales price of $1,175,000 for Brooklyn Heights is 75.96% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Brooklyn Heights was $5,820,000 for the week ending May 27, which represents an increase of 5.6%, or $309,211 compared to the prior week and a decline of 7%, or $436,187, compared to the week ending May 06. Average price per square foot for homes in Brooklyn Heights was $1,111 in the most recent quarter, which is 81.83% higher than the average price per square foot for homes in Brooklyn.

Average Listing Price in Brooklyn Heights

 

Brooklyn Heights average property price
Brooklyn Heights – number of properties
Neighborhood Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
Brooklyn Heights $5,820,000 +5.6% $5,510,789 $5,360,526 $6,256,187
Brooklyn $1,242,669 -0.7% $1,251,239 $1,224,906 $1,234,356
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Average Price Per Sqft. for Homes in Brooklyn Heights

 

1 yr 5 yr Max
Brooklyn Heights average price per square foot
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Brooklyn Heights $1,111 -21.3% $1,207 $1,412 $907
Brooklyn $611 +2.7% $594 $595 $482
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Popular Neighborhoods in Brooklyn


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Bedford - Stuyvesant 1 1 1
Bay Ridge & Fort Hamilton 2 2 2
Sheepshead Bay 3 3 3
Park Slope 4 4 4
East Flatbush 5 5 5
Midwood 6 +2 8 11