From January through March of 2017, there were three homes sold, with a median sale price of $1,200,000 - a 13.8% decrease over the $1,392,500 median sale price for the same period of the previous year. There were eight homes sold in Bushwick South in the first quarter of 2016.
The following table compares Bushwick South 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) |
---|---|---|---|---|---|---|
Clinton Hill | 2 | 2 | 0% | $1,845,000 | $672,500 | 174.3% |
Bedford | 6 | 6 | 0% | $1,545,000 | $1,751,000 | -11.8% |
DUMBO/Vinegar Hill/Downtown Brooklyn/Boerum Hill | 4 | 3 | 33.3% | $1,535,000 | $540,000 | 184.3% |
Bensonhurst West | 4 | 1 | 300% | $1,265,000 | $600,000 | 110.8% |
Erasmus | 2 | 3 | -33.3% | $1,212,500 | $85,000 | 1326.5% |
Bushwick South | 3 | 8 | -62.5% | $1,200,000 | $1,392,500 | -13.8% |
Ocean Hill | 1 | 4 | -75% | $1,150,000 | $1,139,600 | 0.9% |
Cypress Hills/City Line | 3 | 2 | 50% | $1,025,000 | $276,750 | 270.4% |
Carroll Gardens/Columbia Street/Red Hook | 7 | 8 | -12.5% | $1,000,350 | $560,000 | 78.6% |
Crown Heights North | 6 | 7 | -14.3% | $769,500 | $770,000 | -0.1% |
Brownsville | 1 | 2 | -50% | $760,000 | $550,000 | 38.2% |