Brooklyn Mirror Blog

Kensington: DOM rises with the percentage of re-listing of single family homes

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Lefferts Gardens: Median coop price trending upward as inventory diminishes

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Coops in Lefferts Gardens are experiencing a rise in median price in the last 90 days (using a 90 day rolling average) as inventory gets lower. 

 

Bay Ridge Condos: Price per sq ft trends down to $510/sq ft

Median price per square foot for Bay Ridge condos is sitting just above $500/sq ft this week.  It was around $535 at the beginning of October.

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Coop prices down in Ditmas Park trending down 6% since October

 

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Absorbed,Median Price for Park Slope coops

Looking again at prices and absorption in Park Slope coops, it looks as though the median price has fallen from around $540 to a little below $500K. Meanwhile absorption has risen to a 90 average of about 6.75 per week.

 

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Prospect Heights: Condo Price/SqFt steady at $510

Price per square for for Prospect Heights condos is bouncing around the $510/sq ft level for the last 90days.

 

 

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Park Slope coops: median price per square foot stable

 

Price per square foot for Park Slope coops has stayed flat for the last three months at around $665/sqft

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Featured neighborhood: Greenwood Heights

Sitting between Park Slope to the North and Sunset Park to the South, this small enclave of one and two family homes near historic Greenwood Cemetary has become a landing spot for buyers who feel priced out of the surrounding neighborhoods but who need more room and proximity to the amenities nearby.

In the last three months, the average days-on-market for single family homes here has moved strongly down, from almost three months to less than two, indicating increased activity.

 

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Looking for a coop in Carroll Gardens? We have the data for that

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Since the beginning of December, median prices for coops in Carroll Gardens have been trending up from just above $600k to just above $630k.  The median price per square foot has been declining slightly in the same time period.

11218: Kensington median single family home price falls slightly as DOM pass 105

Single family home prices in Kensington have slipped slightly in the last 90 days, but the real news is that it is taking almost a month longer to sell now than it did in the middle of September.

 

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