Wednesday, 11 April 2018

Brooklyn’s toniest neighborhoods posted big declines in home prices in Q1

Residential Sales | Ideal Properties The median price of a home in Brownstone Brooklyn (Boerum Hill, Brooklyn Heights, Carroll Gardens, Clinton Hill, Cobble Hill, etc.) and North Brooklyn (Williamsburg, the Navy Yard and Greenpoint), dropped 11.4 percent year-on-year to $1.02 million in the first quarter. The decline was partly due to a weakening condominium market. During the period, the average sales price for the segment stood at $1.446 million, which amounts to a 7.1 percent […]



source https://therealdeal.com/2018/04/11/brooklyns-toniest-neighborhoods-posted-big-declines-in-home-prices-in-q1/

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