Monday, March 12, 2007
The Brooklyn download
the brooklyn report (532 kb .pdf) This download-able report details price movement in 2006, in Brooklyn's downtown brownstone and loft neighborhoods. Average sale prices market-wide were up a very modest +2%, but the story varied greatly depending upon neighborhood and property type.
The story varied greatly depending on neighborhood and property type. Some of the most notable gains were in the townhouse marketplace, where the median price, or the price most people pay for a given type of home, was up 16% market-wide, with Brooklyn Heights up +48%, due in part to the sale of some special, trophy properties. Larger 3+ bedroom were down to varying degrees, except in Park Slope where across the board gains were seen. Download the full report for all of the details.
While my home base is in Manhattan, regular readers of this blog may know that I grew up in Brooklyn, and a part of me will always live there. I'm familiar with all of Brownstone Brooklyn quite well. I've helped a number of client's sell their properties in Manhattan and acquire Brooklyn properties for a variety of reasons; but mostly for the size and affordability. People love these "real" neighborhoods, in close proximity to Manhattan, with an eye for their many aesthetic charms and substantial amenities like; Prospect Park, BAM, the Brooklyn Heights Promenade, Brooklyn Museum and Brooklyn Botanical Gardens, to name just a few of the more popular ones. The ability to navigate both of these areas of the city with a single broker coordinating the process, is a great plus to those looking to put together a deal across the east river, in either direction.
other recent reports:
download the uptown west report (338 kb .pdf)
the downtown report (324 kb .pdf)
the uptown east report (338 kb .pdf)
the corcoran report: forth quarter 2006 (1.1 mb .pdf)
the corcoran report: third quarter 2006 (3.9 mb .pdf)