Brooklyn sales prices move higher in Q2, report says

Northwest neighborhood of Park Slope sees high number of closings
  • Brownstone and North Brooklyn grew 2.3 percent compared to the same period last year.
  • Average days on the market (116) is 8.4 percent faster than last year.
  • The majority of sales (36 percent) fell between $500,000 and $900,000.

A new quarterly report from Ideal Properties reveals a slight temperament in Brooklyn sales prices between the first two quarters of 2016. Nonetheless, both Brownstone and North Brooklyn grew 2.3 percent in price compared to the same period last year.