| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Sunset Park | $755,000 | +2.0% | $650,000 | $740,000 | $510,000 | Brooklyn | $530,000 | -8.6% | $518,000 | $580,000 | $415,000 |
The median sales price for homes in Sunset Park for Aug 09 to Oct 09 was $755,000. This represents an increase of 16.2%, or $105,000, compared to the prior quarter and an increase of 2% compared to the prior year. Sales prices have appreciated 48% over the last 5 years in Sunset Park, Brooklyn.
The median sales price of $755,000 for Sunset Park is 42.45% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Sunset Park was $447,192 for the week ending Nov 25, which represents a decline of 5.4%, or $25,649 compared to the prior week and a decline of 11.8%, or $59,580, compared to the week ending Nov 04. Average price per square foot for homes in Sunset Park was $301 in the most recent quarter, which is 0.99% lower than the average price per square foot for homes in Brooklyn.
| Neighborhood | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| Sunset Park | $447,192 | -5.4% | $472,841 | $508,145 | $506,772 | Brooklyn | $603,143 | +0.3% | $601,300 | $617,465 | $637,777 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Sunset Park | $301 | -40.0% | $318 | $502 | $188 | Brooklyn | $304 | -11.4% | $295 | $343 | $239 |
| Neighborhoods | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| Bedford - Stuyvesant | 1 | — | 1 | 1 |
| Park Slope | 2 | — | 2 | 2 |
| Sheepshead Bay | 3 | — | 3 | 3 |
| Williamsburg | 4 | — | 4 | 5 |
| East Flatbush | 5 | — | 5 | 6 |
| Brooklyn Heights | 6 | +6 | 12 | 4 |
Market Trends
Fair Housing and Equal Opportunity
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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.
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. |
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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. |
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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. |
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