From January through March of 2017, there were six homes sold, with a median sale price of $1,545,000 - a 11.8% decrease over the $1,751,000 median sale price for the same period of the previous year. There were six homes sold in Bedford in the first quarter of 2016, as well.
The following table compares Bedford 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) |
---|---|---|---|---|---|---|
Flatbush | 3 | 1 | 200% | $2,075,000 | $447,000 | 364.2% |
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% |