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Brooklyn Real Estate Overview

Today, July 12, 2009

Market View for Brooklyn

Info
Avg. Listing Price $663,814 Wk ending Jul 01
+$3,955
+0.6%
w-o-w
Median Sales Price $510,000 Apr '09 - Jun '09
-$75,000
-12.8%
y-o-y
9,787Homes For Sale 789Open Homes
3,348Recently Sold 193Foreclosures

Market Trends for Brooklyn

Embed Info
Listing price – Brooklyn
Average Listing Price
$663,814
+0.6%
w-o-w
Median Sales Price
$510,000
-12.8%
y-o-y
Average price/sqft
$277
-21.3%
y-o-y
Number of Sales
1,114
-28.7%
y-o-y
More Brooklyn Market Trends
Select chart to embed:  
Copy & Paste HTML to embed this graph in your website:

Home Prices for Brooklyn

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Jul 1
 
w-o-w

Bedford - Stuyvesant
$541,260
+0.3%
Park Slope
$1,064,087
-6.5%
Bay Ridge & Fort Hamilton
$491,893
+6.4%
Sheepshead Bay
$416,403
+2.7%
East Flatbush
$365,601
-1.8%
 
Movers & Shakers
Avg. listing price
Week ending Jul 1
 
w-o-w

Bergen Beach
$797,281
+15.2%
Borough Park
$562,940
+13.9%
Mapleton
$545,036
-13.1%
Midwood
$587,762
-9.0%
Brownsville
$373,110
-7.7%
 
View Brooklyn Home Prices Map
 

Brooklyn Summary

Average price per square foot for Brooklyn NY was $277, a decrease of 21.3% compared to the same period last year. The median sales price for homes in Brooklyn NY for Apr 09 to Jun 09 was $510,000 based on 1,114 home sales. Compared to the same period one year ago, the median home sales price decreased 12.8%, or $75,000, and the number of home sales decreased 28.7%.

There are currently 9,787 resale and new homes in Brooklyn on Trulia, including 789 open houses, as well as 193 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 $663,814 for the week ending Jul 01, which represents an increase of 0.6%, or $3,955, compared to the prior week. Popular neighborhoods in Brooklyn include Bedford - Stuyvesant and Park Slope, with average listing prices of $541,260 and $1,064,087.

 

Schools in Brooklyn

Info
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
Bushwick Leaders High School For Excel
Public
9 - 12
Ms 394k
Public
PK - 8
Is 246 Walt Whitman
Public
6 - 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
 

Community Info for Brooklyn

Info
More Brooklyn Community Info

Homes for Sale in Brooklyn

36 Dahill Road #1G, Brooklyn NY
36 Dahill…
$250,000
1 br  1 ba
301 Hoyt Street, Brooklyn NY
301 Hoyt St…
$1,999,000
7 br  6 ba
26 Weirfield Street, Brooklyn NY
26 Weirfie…
$469,000
7 br  3 ba
911 Mother Gaston Boulevard, Brooklyn NY
911 Mother…
$645,000
7 br  5 ½ ba
2340 East 74th Street, Brooklyn NY
2340 E 74th…
$879,000
3 br  2 ba
983 Hancock Street, Brooklyn NY
983 Hancock…
$655,000
 
View all Brooklyn Homes for Sale
 
Stats & Trends
Brooklyn

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Bedford - Stuyvesant

Park Slope

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  • Bath Beach
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Nearby Cities

Cities
Median
sales price
Average
listing price
New York
$980,000
$2,015,992
Staten Island
$352,500
$520,095
Bronx
$371,500
$439,378
Inwood
$345,000
$386,049
Lawrence
$1,399,000
$978,197
Valley Stream
$350,000
$439,723
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Advice & Opinions

Recent Q&A in Brooklyn, NY

Q: I owe 2 lenders 600K on a Brooklyn property where the market value is 400K, can a short sale work here? 1 answer
Q: How is the market in Brooklyn Heights for an apt or condo in the $400,000-$550,000 range? 1 answer
Q: Multi-Family Home Search - 3 answers
Q: What is the average price for a detached 3 bedroom home in Sheepshead Bay? 1 answer
Q: I am curious about the price of homes in Brooklyn. I am a realtor in NJ,. My parents have a brick 3 answers

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Brooklyn, NY
  • Recent blog posts in Brooklyn, NY
  • Find a real estate professional Brooklyn, NY

Nearby Cities Real Estate

  • Prince Real Estate
  • New York Real Estate
  • Staten Island Real Estate
  • Bronx Real Estate
  • Inwood Real Estate
  • Lawrence Real Estate

Nearby Cities Sold Homes

  • Prince Sold Homes
  • New York Sold Homes
  • Staten Island Sold Homes
  • Bronx Sold Homes
  • Inwood Sold Homes
  • Lawrence Sold Homes

Nearby Cities Home Prices

  • Prince Home Prices
  • New York Home Prices
  • Staten Island Home Prices
  • Bronx Home Prices
  • Inwood Home Prices
  • Lawrence Home Prices

Brooklyn Stats & Trends

  • Brooklyn Market Trends
  • Brooklyn Schools
  • Brooklyn Community Info
  • Brooklyn Home Prices
  • Brooklyn Real Estate
  • Brooklyn Recently Sold Homes
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
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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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.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

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