Mill Basin Market Trends


Median Sales Price in Mill Basin

 

1 yr 5 yr Max
Mill Basin median sales prices
Number of sold homes in Mill Basin
Neighborhood Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
Mill Basin $622,500 -23.6% $605,000 $815,000 $495,000
Brooklyn $670,000 +14.4% $610,000 $585,500 $475,000
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Summary for Mill Basin


The median sales price for homes in Mill Basin for Jun 14 to Sep 14 was $622,500. This represents an increase of 2.9%, or $17,500, compared to the prior quarter and a decrease of 23.6% compared to the prior year. Sales prices have appreciated 25.8% over the last 5 years in Mill Basin, Brooklyn. The median sales price of $622,500 for Mill Basin is 7.09% lower than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Mill Basin was $1,050,517 for the week ending Sep 10, which represents an increase of 0.2%, or $2,072 compared to the prior week and an increase of 3.8%, or $38,386, compared to the week ending Aug 20. Average price per square foot for homes in Mill Basin was $373 in the most recent quarter, which is 41.54% lower than the average price per square foot for homes in Brooklyn.

Average Listing Price in Mill Basin

 

Mill Basin average property price
Mill Basin – number of properties
Neighborhood Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Week ending
Aug 20
Mill Basin $1,050,517 +0.2% $1,048,445 $979,079 $1,012,131
Brooklyn $953,132 +2.7% $927,896 $903,926 $914,161
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Average Price Per Sqft. for Homes in Mill Basin

 

1 yr 5 yr Max
Mill Basin average price per square foot
Neighborhood Jun - Sep '14 y-o-y 3 months prior 1 year prior 5 years prior
Mill Basin $373 +4.5% $340 $357 $391
Brooklyn $638 +13.7% $583 $561 $440
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Popular Neighborhoods in Brooklyn


Neighborhoods Week ending
Sep 10
w-o-w Week ending
Sep 3
Week ending
Aug 27
Bedford - Stuyvesant 1 1 1
Bay Ridge & Fort Hamilton 2 2 2
Sheepshead Bay 3 3 3
Park Slope 4 4 5
East Flatbush 5 5 4
Gravesend 6 +1 7 7
Homes for Sale in Mill Basin
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