From January through March of 2017, there were three homes sold, with a median sale price of $570,000 - a 6.6% decrease over the $610,000 median sale price for the same period of the previous year. There were five homes sold in East New York in the first quarter of 2016.
The following table compares East New York to other Kings County cities with similar median sales prices in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Crown Heights North | 6 | 7 | -14.3% | $769,500 | $770,000 | -0.1% |
Brownsville | 1 | 2 | -50% | $760,000 | $550,000 | 38.2% |
Park Slope/Gowanus | 26 | 28 | -7.1% | $727,500 | $897,500 | -18.9% |
Brooklyn | 2,053 | 2,152 | -4.6% | $630,000 | $610,000 | 3.3% |
Prospect Heights | 8 | 12 | -33.3% | $590,050.50 | $685,000 | -13.9% |
East New York | 3 | 5 | -40% | $570,000 | $610,000 | -6.6% |
Sunset Park East | 9 | 5 | 80% | $533,280 | $511,500 | 4.3% |
Sunset Park West | 2 | 4 | -50% | $475,500 | $545,500 | -12.8% |
Brooklyn Heights/Cobble Hill | 8 | 6 | 33.3% | $437,500 | $557,500 | -21.5% |
Williamsburg-North Side/South Side | 3 | 10 | -70% | $403,000 | $362,500 | 11.2% |
Bushwick North | 3 | 4 | -25% | $270,000 | $693,000 | -61% |