Declining inventory and bidding wars drove home prices in Brooklyn to record highs in the first quarter, but there appear to be signs that the market is slowing. In Brooklyn, the median sales price rose 3.2 percent in the first quarter to $795,000, which tied a record from the second quarter of 2017, according to the latest report from Douglas Elliman. Brooklyn, Queens and the Riversdale market in the Bronx are all experiencing the […]
source https://therealdeal.com/2018/04/12/brooklyn-again-sets-record-high-sales-prices-but-can-it-continue/
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