According to New York City records, the median price for an apartment in Brooklyn in the month of February 2023 was $657,000. The price represents a 13.8% drop from last year’s median of $761,844. The number of sales for the month fell significantly, plunging from 474 to 296 representing a year-over-year decrease of 38%. February is the fifth consecutive month that the number of year-over-year sales has dropped in Brooklyn by ...
Read MoreAccording to New York City records, the median price for an apartment in Manhattan for the month of January 2023 was $997,000. The price represents a decrease of 16.9% from the median price of $1,200,000 recorded in January 2022. The number of apartment sales dropped dramatically from 1056 to 752 reflecting a year-over-year decrease of 28.8%. January represents the fifth consecutive month that the volume of year-over-year sales have dipped in ...
Read MoreAccording to New York City records, the median price for an apartment in Brooklyn in the month of January 2023 was $740,000. The price represents a slight 2.6% drop from last year’s median of $760,000. The number of sales for the month, however, dropped significantly, plunging from 697 to 349 representing a year-over-year decrease of 50%. What exactly does $740,000 get you in Brooklyn? Let’s take a closer look. Apartment 2-G at ...
Read MoreAccording to New York City records, the median price for an apartment in Brooklyn in the month of December 2022 was $729,000. The price represents a 5.6% dip from last year’s median of $775,000. The number of sales also dropped, plunging from 575 to 465 representing a year-over-year decrease of 19.1%. What exactly does $729,000 get you in Brooklyn? Let’s take a closer look. Apartment 703 at 9956 3rd Avenue (aka The ...
Read MoreAccording to New York City records, the median price for an apartment in Manhattan for the month of December 2022 was $1,100,000. The price represents a decrease of 6.4% from the median price of $1,175,000 recorded in December 2021. The number of apartment sales dropped dramatically from 1111 to 851 reflecting a year-over-year decrease of 23.4%. December represents the fourth consecutive month that the volume of year-over-year sales have dipped ...
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