| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Cobble Hill | $890,000 | -60.9% | $1,237,500 | $2,275,000 | $840,056 | Brooklyn | $530,000 | -8.6% | $518,000 | $580,000 | $415,000 |
The median sales price for homes in Cobble Hill for Aug 09 to Oct 09 was $890,000. This represents a decline of 28.1%, or $347,500, compared to the prior quarter and a decrease of 60.9% compared to the prior year. Sales prices have appreciated 5.9% over the last 5 years in Cobble Hill, Brooklyn.
The median sales price of $890,000 for Cobble Hill is 67.92% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Cobble Hill was $1,101,832 for the week ending Nov 25, which represents a decline of 0.9%, or $10,022 compared to the prior week and a decline of 18.8%, or $254,997, compared to the week ending Nov 04. Average price per square foot for homes in Cobble Hill was $647 in the most recent quarter, which is 112.83% higher than the average price per square foot for homes in Brooklyn.
| Neighborhood | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| Cobble Hill | $1,101,832 | -0.9% | $1,111,854 | $1,079,129 | $1,356,829 | Brooklyn | $603,143 | +0.3% | $601,300 | $617,465 | $637,777 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Cobble Hill | $647 | -13.3% | $517 | $746 | $546 | Brooklyn | $304 | -11.4% | $295 | $343 | $239 |
| Neighborhoods | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| Bedford - Stuyvesant | 1 | — | 1 | 1 |
| Park Slope | 2 | — | 2 | 2 |
| Sheepshead Bay | 3 | — | 3 | 3 |
| Williamsburg | 4 | — | 4 | 5 |
| East Flatbush | 5 | — | 5 | 6 |
| Brooklyn Heights | 6 | +6 | 12 | 4 |
Market Trends
Fair Housing and Equal Opportunity
|
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. |
|
|
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. |
|
|
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. |
|
