From July through September of 2017, there were 2,236 homes sold, with a median sale price of $680,000 - a 9.7% increase over the $620,000 median sale price for the same period of the previous year. There were 2,391 homes sold in Brooklyn in the third quarter of 2016.
The following table compares Brooklyn to other Kings County cities with similar median sales prices in the third quarter of 2017:
City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Fort Greene | 3 | 5 | -40% | $950,000 | $430,000 | 120.9% |
Clinton Hill | 4 | 5 | -20% | $930,000 | $2,750,000 | -66.2% |
DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill | 5 | 4 | 25% | $900,000 | $665,375 | 35.3% |
Prospect Heights | 14 | 7 | 100% | $873,000 | $547,000 | 59.6% |
Park Slope/Gowanus | 53 | 48 | 10.4% | $820,000 | $950,000 | -13.7% |
Brooklyn | 2,236 | 2,391 | -6.5% | $680,000 | $620,000 | 9.7% |
East New York | 4 | 4 | 0% | $654,000 | $1,100,000 | -40.5% |
Sunset Park West | 3 | 9 | -66.7% | $520,000 | $575,000 | -9.6% |
Sunset Park East | 5 | 6 | -16.7% | $435,000 | $420,000 | 3.6% |
Erasmus | 4 | 0 | - | $432,500 | $0 | - |
Williamsburg-North Side/South Side | 11 | 5 | 120% | $350,000 | $360,000 | -2.8% |