According to New York City records, the median price for an apartment in Brooklyn in the month of May 2023 was $747,000. The price represents a 6.5% drop from last year’s median of $799,000. The number of sales for May, when compared to 2022, fell dramatically, dropping from 653 to 454 representing a year-over-year decrease of 30%. May is the eighth consecutive month that the number of year-over-year sales has dropped ...
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