The median sales price for homes in Brooklyn NY for May 09 to Jul 09 was $518,000. This represents a decline of 3.2%, or $17,000, compared to the prior quarter and a decrease of 12.5% compared to the prior year. Sales prices have appreciated 34.5% over the last 5 years in Brooklyn.
The average listing price for Brooklyn homes for sale on Trulia was $630,765 for the week ending Aug 19, which represents a decline of 2.5%, or $16,234, compared to the prior week and a decline of 1.9%, or $11,898, compared to the week ending Jul 29. Average price per square foot for Brooklyn NY was $295, a decrease of 18.3% compared to the same period last year. Popular neighborhoods in Brooklyn include Bedford - Stuyvesant, Park Slope, Sheepshead Bay, East Flatbush, Greenpoint, and Gravesend.... more