J.P., Home Buyer in Tampa, FL

There is a lot of talk of a softening real estate market. How would you describe the real estate market in Bushwick?

Asked by J.P., Tampa, FL Mon Apr 23, 2007

How long do homes typically sit on the market in this city?

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Answers

3
Bushwick is one of Brooklyns oldest neighborhoods and one of its newest urban success stories.
Web Reference: http://www.clovelake.com
0 votes Thank Flag Link Fri Jan 1, 2010
The median sales price for homes in Bushwick for Sep 09 to Nov 09 was $444,000. This represents a decline of 0.2%, or $1,000, compared to the prior quarter and a decrease of 11.1% compared to the prior year. Sales prices have appreciated 30.3% over the last 5 years in Bushwick, Brooklyn.

The median sales price of $444,000 for Bushwick is 14.62% lower than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Bushwick was $454,688 for the week ending Dec 23, which represents an increase of 8.1%, or $33,901 compared to the prior week and an increase of 11.8%, or $47,916, compared to the week ending Dec 02. Average price per square foot for homes in Bushwick was $190 in the most recent quarter, which is 37.29% lower than the average price per square foot for homes in Brooklyn.
Web Reference: http://www.clovelake.com
0 votes Thank Flag Link Fri Jan 1, 2010
bushwick popularity is growing into one of brooklyns great places to live its close to nyc city has excellent tranpotation shopping along broaway bushwick has a mix of brownstone multi family homes prices have stabilized demand is strong
0 votes Thank Flag Link Mon Apr 23, 2007
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