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Coney Island Market Trends

Today, November 23, 2009

Median Sales Price in Coney Island

Embed Info
1 yr 5 yr Max
Coney Island median sales prices
Number of sold homes in Coney Island
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Coney Island$358,000-9.8%$350,000$397,065$253,071
Brooklyn$530,000-8.6%$518,000$580,000$415,000
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Coney Island Summary

The median sales price for homes in Coney Island for Aug 09 to Oct 09 was $358,000. This represents an increase of 2.3%, or $8,000, compared to the prior quarter and a decrease of 9.8% compared to the prior year. Sales prices have appreciated 41.5% over the last 5 years in Coney Island, Brooklyn.

The median sales price of $358,000 for Coney Island is 32.45% lower than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Coney Island was $423,080 for the week ending Nov 18, which represents a decline of 0.9%, or $4,036 compared to the prior week and a decline of 6%, or $27,222, compared to the week ending Oct 28. Average price per square foot for homes in Coney Island was $327 in the most recent quarter, which is 7.57% higher than the average price per square foot for homes in Brooklyn.

 

Average Listing Price in Coney Island

Embed Info
1 yr 5 yr Max
Coney Island average property price
Coney Island – number of properties
NeighborhoodWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
Coney Island$423,080-0.9%$427,116$451,233$450,302
Brooklyn$601,300-2.6%$617,465$637,777$638,198
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Average Price Per Sqft for Homes in Coney Island

Embed Info
1 yr 5 yr Max
Coney Island average price per square foot
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Coney Island$327-51.8%$322$679$159
Brooklyn$304-11.4%$295$343$239
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Popular Neighborhoods in Brooklyn

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Bedford - Stuyvesant 1 — 1 1
Park Slope 2 — 2 2
Sheepshead Bay 3 — 3 3
Williamsburg 4 +1 5 5
East Flatbush 5 +1 6 6
Greenpoint 6 +1 7 7
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Homes for Sale in Coney Island

2942 West 5th Street #11C, Brooklyn NY
2942 W 5th…
$369,000
2 br  2 ba
2928 West 5th Street #4P, Brooklyn NY
2928 W 5th…
$389,000
3 br  2 ba
2944 West 5th Street #21E, Brooklyn NY
2944 W 5th…
$299,000
2 br  1 ba
2942 West 5th Street #10J, Brooklyn NY
2942 W 5th…
$349,900
2 br  2 ba
2930 West 5th Street #20P, Brooklyn NY
2930 W 5th…
$459,000
3 br  2 ba
2930 West 5th Street #23K, Brooklyn NY
2930 W 5th…
$399,000
2 br  2 ba
View all Coney Island Homes for Sale
 
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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Gravesend
$538,000
$572,015
Sea Gate
$520,000
$617,219
Brighton Beach
$640,000
$519,570
Manhattan Beach
$586,250
$1,123,677
Bath Beach
$582,500
$412,465
Sheepshead Bay
$530,000
$434,533
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Advice

Recent Q&A in Brooklyn, NY

Q: foreclosure list 4 answers
Q: Where are the questions about Borough Park?, are there any Borough Park real estates on Trulia? 5 answers
Q: Newlyweds trying to figure out whats the best next step. Buy cheap and resell for an upgrade or buy larger and grow into a place. 3 answers
Q: 3 family w/garage - Wburg, Gpoint, Ridgewood, Astoria, LIC 1 answer
Q: Does anyone know info about the Malcolm X and Madison st area in bed-stuy? Also, what the one family houses go for in the area? Be the first to answer

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Nearby Neighborhoods Real Estate

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Nearby Neighborhoods Sold Homes

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Nearby Neighborhoods Home Prices

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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.