Despite prior reports of a looming slowdown for Brooklyn sales, a new report shows activity and prices within in-demand neighborhoods continue to escalate – although not at the same record swells seen in 2015.
- Although growth this year in Brooklyn is not on pace with the year prior, average price is up 1.1 percent since last year.
- At $1,398,191, the average home price in Brooklyn grew 2.8 percent since the second quarter of this year.
- Among Brownstone and North Brooklyn neighborhoods, Park Slope held the most activity, with 18 percent of closed transactions.
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Inman Connect New York | January 29 - February 1, 2019