From July through September of 2017, there were 14 homes sold, with a median sale price of $873,000 - a 59.6% increase over the $547,000 median sale price for the same period of the previous year. There were seven homes sold in Prospect Heights in the third quarter of 2016.
The following table compares Prospect Heights 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) |
---|---|---|---|---|---|---|
Carroll Gardens/Columbia Street/Red Hook | 16 | 8 | 100% | $1,140,000 | $1,224,400 | -6.9% |
Ocean Hill | 2 | 0 | - | $1,124,750 | $0 | - |
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% |