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Thursday, December 26, 2024

Brooklyn Heights/Cobble Hill home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Brooklyn Heights/Cobble Hill rose by $1,055,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In August 2017, there were five homes sold, with a median sale price of $1,675,000 - a 170.2% increase over the $620,000 median sale price for the same period of the previous year. There were 15 homes sold in Brooklyn Heights/Cobble Hill in August 2016.

The following table compares Brooklyn Heights/Cobble Hill to other Kings County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill21100%$3,450,000$865,750298.5%
Brownsville20-$3,003,000$0-
Crown Heights North25-60%$2,570,000$440,000484.1%
Bedford21100%$2,468,500$1,500,00064.6%
Bushwick North10-$1,900,000$0-
Brooklyn Heights/Cobble Hill515-66.7%$1,675,000$620,000170.2%
Prospect-Lefferts Garden/Wingate12-50%$1,650,000$2,378,500-30.6%
Greenpoint10-$1,325,000$0-
Bushwick South21100%$1,284,455.88$6,400,000-79.9%
Clinton Hill110%$1,100,000$1,500,000-26.7%
Stuyvesant Heights10-$999,000$0-

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