From October through December of 2017, there were four homes sold, with a median sale price of $982,500 - a 28.5% decrease over the $1,375,000 median sale price for the same period of the previous year. There were two homes sold in DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill in the fourth quarter of 2016.
The following table compares DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill to other Kings County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bushwick South | 1 | 2 | -50% | $1,500,000 | $1,299,500 | 15.4% |
Brownsville | 2 | 0 | - | $1,454,000 | $0 | - |
Clinton Hill | 1 | 4 | -75% | $1,315,000 | $647,500 | 103.1% |
Stuyvesant Heights | 1 | 1 | 0% | $1,250,000 | $1,340,000 | -6.7% |
Carroll Gardens/Columbia Street/Red Hook | 13 | 9 | 44.4% | $1,052,500 | $1,100,000 | -4.3% |
DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill | 4 | 2 | 100% | $982,500 | $1,375,000 | -28.5% |
Remsen Village/Rugby | 1 | 1 | 0% | $969,990 | $5,497,920 | -82.4% |
Fort Greene | 4 | 2 | 100% | $913,500 | $647,500 | 41.1% |
Park Slope/Gowanus | 35 | 25 | 40% | $895,000 | $910,000 | -1.6% |
Crown Heights North | 7 | 7 | 0% | $875,000 | $694,650 | 26% |
East New York | 3 | 3 | 0% | $855,000 | $705,000 | 21.3% |