Midwood Market Trends


Median Sales Price in Midwood

 

1 yr 5 yr Max
Midwood median sales prices
Number of sold homes in Midwood
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Midwood $775,000 +14.8% $795,000 $675,000 $620,000
Brooklyn $667,000 +18.1% $600,000 $565,000 $470,000
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Summary for Midwood


The median sales price for homes in Midwood for May 14 to Aug 14 was $775,000. This represents a decline of 2.5%, or $20,000, compared to the prior quarter and an increase of 14.8% compared to the prior year. Sales prices have appreciated 25% over the last 5 years in Midwood, Brooklyn. The median sales price of $775,000 for Midwood is 16.19% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Midwood was $600,375 for the week ending Aug 20, which represents a decline of 6.3%, or $40,258 compared to the prior week and a decline of 12.9%, or $88,711, compared to the week ending Jul 30. Average price per square foot for homes in Midwood was $497 in the most recent quarter, which is 20.48% lower than the average price per square foot for homes in Brooklyn.

Average Listing Price in Midwood

 

Midwood average property price
Midwood – number of properties
Neighborhood Week ending
Aug 20
w-o-w Week ending
Aug 13
Week ending
Aug 6
Week ending
Jul 30
Midwood $600,375 -6.3% $640,633 $664,168 $689,086
Brooklyn $877,141 -1.3% $888,660 $884,182 $895,163
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Average Price Per Sqft. for Homes in Midwood

 

1 yr 5 yr Max
Midwood average price per square foot
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Midwood $497 +19.5% $454 $416 $425
Brooklyn $625 +13.2% $576 $552 $439
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Popular Neighborhoods in Brooklyn


Neighborhoods Week ending
Aug 20
w-o-w Week ending
Aug 13
Week ending
Aug 6
Bedford - Stuyvesant 1 1 1
Bay Ridge & Fort Hamilton 2 2 2
Sheepshead Bay 3 3 3
East Flatbush 4 +1 5 5
Park Slope 5 -1 4 4
Gravesend 6 6 8
Homes for Sale in Midwood
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