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Gerritsen Beach Market Trends

Today, November 24, 2009

Median Sales Price in Gerritsen Beach

Embed Info
1 yr 5 yr Max
Gerritsen Beach median sales prices
Number of sold homes in Gerritsen Beach
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Gerritsen Beach$400,000-18.3%$348,500$489,500$346,281
Brooklyn$530,000-8.6%$518,000$580,000$415,000
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Gerritsen Beach Summary

The median sales price for homes in Gerritsen Beach for Aug 09 to Oct 09 was $400,000. This represents an increase of 14.8%, or $51,500, compared to the prior quarter and a decrease of 18.3% compared to the prior year. Sales prices have appreciated 15.5% over the last 5 years in Gerritsen Beach, Brooklyn.

The median sales price of $400,000 for Gerritsen Beach is 24.53% lower than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Gerritsen Beach was $297,212 for the week ending Nov 18, which represents a decline of 3.2%, or $9,816 compared to the prior week and a decline of 6.8%, or $21,808, compared to the week ending Oct 28. Average price per square foot for homes in Gerritsen Beach was $329 in the most recent quarter, which is 8.22% higher than the average price per square foot for homes in Brooklyn.

 

Average Listing Price in Gerritsen Beach

Embed Info
1 yr 5 yr Max
Gerritsen Beach average property price
Gerritsen Beach – number of properties
NeighborhoodWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
Gerritsen Beach$297,212-3.2%$307,028$333,663$319,020
Brooklyn$601,300-2.6%$617,465$637,777$638,198
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Average Price Per Sqft for Homes in Gerritsen Beach

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1 yr 5 yr Max
Gerritsen Beach average price per square foot
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Gerritsen Beach$329-11.8%$294$373$263
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 Gerritsen Beach

Address Not Disclosed, Brooklyn NY
Address Not…
$399,900
3 br  2 ba
18 Canton Court, Brooklyn NY
18 Canton…
$459,000
3 br  1 ba
11 Hyman Court, Brooklyn NY
11 Hyman Ct…
$439,000
2 br  2 ba
2229 Knapp Street #6A, Brooklyn NY
2229 Knapp…
$169,000
3 br  1 ba
2311 Plumb 1st Street, Brooklyn NY
2311 Plumb…
$399,000
3 br  2 ba
2271 Knapp Street #6G, Brooklyn NY
2271 Knapp…
$179,000
2 br  1 ba
View all Gerritsen Beach Homes for Sale
 
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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Sheepshead Bay
$530,000
$434,533
Manhattan Beach
$586,250
$1,123,677
Marine Park
$455,000
$566,233
Mill Basin
$597,500
$1,145,409
Brighton Beach
$640,000
$519,570
Flatlands
$397,350
$343,238
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Recent Q&A in Brooklyn, NY

Q: foreclosure list 4 answers
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Q: 3 family w/garage - Wburg, Gpoint, Ridgewood, Astoria, LIC 1 answer
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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.