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Brooklyn Real Estate Overview

Today, November 7, 2009

Avg. Listing Price $638,198 Wk ending Oct 28

+$7,661
+1.2%
w-o-w

Median Sales Price $525,000 Jul '09 - Sep '09

-$68,400
-11.5%
y-o-y

9,210	Homes For Sale	393	Open Homes
3,276	Recently Sold	3,241	Foreclosures

Average Listing Price

$638,198

+1.2%

w-o-w

Median Sales Price

$525,000

-11.5%

y-o-y

Average price/sqft

$297

-18%

y-o-y

Number of Sales

1,384

-14.7%

y-o-y

More Brooklyn Market Trends

Most popular
neighborhoods

Avg. listing price
Week ending Oct 28

w-o-w

Bedford - Stuyvesant

$497,882

+0.9%

Park Slope

$941,086

-0.5%

Sheepshead Bay

$452,138

+4.7%

Greenpoint

$781,623

+1.3%

East Flatbush

$394,271

+0.1%

Movers & Shakers

Avg. listing price
Week ending Oct 28

w-o-w

Cobble Hill

$1,330,086

+13.4%

Gravesend

$660,569

+9.4%

Manhattan Beach

$732,192

+7.3%

Borough Park

$809,070

+6.1%

Sheepshead Bay

$452,138

+4.7%

View Brooklyn Home Prices Map

Average price per square foot for Brooklyn NY was $297, a decrease of 18% compared to the same period last year. The median sales price for homes in Brooklyn NY for Jul 09 to Sep 09 was $525,000 based on 1,384 home sales. Compared to the same period one year ago, the median home sales price decreased 11.5%, or $68,400, and the number of home sales decreased 14.7%.

There are currently 9,210 resale and new homes in Brooklyn on Trulia, including 393 open houses, as well as 3,241 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Brooklyn NY was $638,198 for the week ending Oct 28, which represents an increase of 1.2%, or $7,661, compared to the prior week. Popular neighborhoods in Brooklyn include Bedford - Stuyvesant and Park Slope, with average listing prices of $497,882 and $941,086.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

New York City Department Of Education

Public

PK - 12

1,624

1,017,862

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Epiphany Lutheran School

Private

PK - 8

Ps/is 323

Public

PK - 8

Ms 394k

Public

PK - 8

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Brooklyn Schools

More Brooklyn Community Info

290 Bay 17…

$259,000

2 br 1 ba

1702 Avenue…

$885,000

3 br 4 ba

Address Not…

$729,000

4 br 2 ½ ba

96 Madison…

$479,900

7 br 4 ba

1702 Avenue…

$849,000

3 br 4 ba

1702 Avenue…

$849,000

3 br 4 ba

View all Brooklyn Homes for Sale

Stats & Trends

Brooklyn

Real Estate Overview

Neighborhoods

View more neighborhoods or ZIPs

Mortgage calculator

Rent vs. Buy

Nearby Cities

Cities

Median
sales price

Average
listing price

New York

$960,000

$1,977,428

Staten Island

$370,000

$497,858

Bronx

$390,000

$463,916

Inwood

$340,000

$421,362

Lawrence

$750,000

$993,457

Valley Stream

$410,000

$439,363

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Advice & Opinions

Recent Q&A in Brooklyn, NY

Q: foreclosure list 4 answers

Q: Where are the questions about Borough Park?, are there any Borough Park real estates on Trulia? 5 answers

Q: Newlyweds trying to figure out whats the best next step. Buy cheap and resell for an upgrade or buy larger and grow into a place. 3 answers

Q: 3 family w/garage - Wburg, Gpoint, Ridgewood, Astoria, LIC 1 answer

Q: Does anyone know info about the Malcolm X and Madison st area in bed-stuy? Also, what the one family houses go for in the area? Be the first to answer

More Advice & Opinions:

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Brooklyn Stats & Trends

Brooklyn real estate—use Trulia to find real estate in Brooklyn as well real estate in other cities in New York. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Brooklyn real estate trends, market activity, and neighborhood information. Before buying a house in Brooklyn, research real estate on Trulia. Understanding the Brooklyn real estate market is your first step to buying a home in Brooklyn, New York. Our real estate guide gives your a valuable overview of the Brooklyn real estate market—find Brooklyn properties, sales statistics, real estate price trends, real estate market activity, comparisons of Brooklyn schools or New York schools, and general demographic information for Brooklyn, NY. Trulia's real estate guide combines a Brooklyn map with a detailed list of Brooklyn neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Brooklyn.

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About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close