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Downtown Brooklyn Real Estate Overview

Today, November 23, 2009

Avg. Listing Price $634,225 Wk ending Nov 18

-$18,727
-2.9%
w-o-w

Median Sales Price $640,000 Aug '09 - Oct '09

+$91,000
+16.6%
y-o-y

228	Homes For Sale	0	Open Homes
24	Recently Sold	3	Foreclosures

Average Listing Price

$634,225

-2.9%

w-o-w

Median Sales Price

$640,000

+16.6%

y-o-y

Average price/sqft

$608

-9.9%

y-o-y

Number of Sales

+9.1%

y-o-y

More Downtown Brooklyn Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Nov 18

w-o-w

Bedford - Stuyvesant

$499,339

-0.2%

Park Slope

$905,596

-1.7%

Sheepshead Bay

$434,533

-0.6%

Williamsburg

$727,584

-1.2%

East Flatbush

$365,186

-2.0%

Movers & Shakers

Avg. listing price
Week ending Nov 18

w-o-w

Manhattan Beach

$1,123,677

+65.2%

Mapleton

$468,007

-10.6%

Sea Gate

$617,219

-10.3%

Dyker Heights

$806,301

-8.8%

Brooklyn Heights

$763,730

-8.2%

View Brooklyn Home Prices Map

The median sales price for homes in Downtown Brooklyn, Brooklyn for Aug 09 to Oct 09 was $640,000 based on 12 sales. Compared to the same period one year ago, the median sales price increased 16.6%, or $91,000, and the number of sales increased 9.1%. Average price per square foot for Downtown Brooklyn was $608, a decrease of 9.9% compared to the same period last year.

There are currently 228 resale and new homes in Brooklyn on Trulia, including 3 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Downtown Brooklyn was $634,225 for the week ending Nov 18, which represents a decrease of 2.9%, or $18,727, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

New York City Department Of Education

Public

PK - 12

1,624

1,017,862

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Urban Assembly - Law and Justice

Public

9 - 12

Ps 287 Bailey K Ashford

Public

PK - 5

George Westinghouse High School

Public

9 - 12

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Brooklyn Schools

225 Adams…

$214,000

1 ba

70 Washing…

$1,189,000

2 br 2 ba

110 Living…

$775,000

2 br 2 ba

53 Boerum…

$785,000

2 br 2 ba

Address Not…

$369,900

1 br 1 ba

191 Willou…

$369,900

1 br 1 ba

View all Downtown Brooklyn Homes for Sale

Downtown Brooklyn, Brooklyn

Neighborhoods

Median
sales price

Average
listing price

Vinegar Hill

$955,000

$1,600,668

Brooklyn Heights

$1,188,390

$763,730

Fort Greene

$700,000

$775,486

Boerum Hill

$877,500

$1,011,236

Cobble Hill

$890,000

$1,111,854

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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.

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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Downtown Brooklyn Real Estate Overview

Market View for Downtown Brooklyn

Market Trends for Downtown Brooklyn

Home Prices for Brooklyn

Downtown Brooklyn Summary

Schools in Brooklyn

Community Info for Brooklyn

Homes for Sale in Downtown Brooklyn

Recent Q&A in Brooklyn, NY

Got a real estate question?

Nearby Neighborhoods Real Estate

Nearby Neighborhoods Sold Homes

Nearby Neighborhoods Home Prices

Downtown Brooklyn Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close