Market Overview for November, 2023
Median Sale Price
-6.3% YoY
Median Price/Sqft
-11.9% YoY
No. of Transactions
90.6% YoY
New York City Median Sale Price
-6% YoY
What is the median sale price and median price per sq ft in Brooklyn?
The median home sale price in Brooklyn as of November was $749K, down 6.3% year-over-year.
A total of 1222 assets were sold, representing a 90.6% growth compared to November last year.
The median price per square foot was $799, a -11.9% YoY change.
In November, the median home sale price in New York City was $675K.
Top Boroughs in New York City
Brooklyn median price compared with other neighborhoods in New York City
Brooklyn property values are on the higher-end among all boroughs in NYC .
Most Expensive Neighborhoods in Brooklyn
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| DUMBO | Brooklyn | $2,250,000 |
| Fiske Terrace | Brooklyn | $2,150,000 |
| Red Hook | Brooklyn | $1,842,500 |
| Gowanus | Brooklyn | $1,625,000 |
| Boerum Hill | Brooklyn | $1,350,000 |
| Park Slope | Brooklyn | $1,308,500 |
| Williamsburg | Brooklyn | $1,201,375 |
| Prospect - Lefferts Gardens | Brooklyn | $1,175,000 |
| Greenpoint | Brooklyn | $1,150,000 |
| Prospect Heights | Brooklyn | $1,100,000 |
| Dyker Heights | Brooklyn | $1,100,000 |
| Clinton Hill | Brooklyn | $1,090,000 |
| Bedford-Stuyvesant | Brooklyn | $1,085,000 |
| Carroll Gardens | Brooklyn | $1,075,000 |
| Greenwood Heights | Brooklyn | $990,000 |
| Windsor Terrace | Brooklyn | $988,750 |
| Brooklyn Heights | Brooklyn | $975,000 |
| Downtown Brooklyn | Brooklyn | $932,500 |
| Sea Gate | Brooklyn | $918,000 |
| Manhattan Beach | Brooklyn | $880,786 |
| Madison | Brooklyn | $831,000 |
| Bergen Beach | Brooklyn | $825,000 |
| Mill Basin | Brooklyn | $810,000 |
| Prospect Park South | Brooklyn | $800,000 |
| Cobble Hill | Brooklyn | $776,500 |
| Bath Beach | Brooklyn | $739,000 |
| Marine Park | Brooklyn | $720,000 |
| Borough Park | Brooklyn | $699,500 |
| Gravesend | Brooklyn | $689,864 |
| Bushwick | Brooklyn | $677,500 |
| Old Mill Basin | Brooklyn | $665,000 |
| Ditmas Park | Brooklyn | $635,000 |
| Georgetown | Brooklyn | $605,000 |
| Crown Heights | Brooklyn | $605,000 |
| Flatlands | Brooklyn | $578,650 |
| Brighton Beach | Brooklyn | $575,000 |
| East Flatbush | Brooklyn | $565,000 |
| Bensonhurst | Brooklyn | $563,092 |
| Canarsie | Brooklyn | $550,000 |
| East New York | Brooklyn | $545,000 |
| Flatbush | Brooklyn | $540,000 |
| Kensington | Brooklyn | $535,000 |
| Fort Greene | Brooklyn | $518,996 |
| Sunset Park | Brooklyn | $458,840 |
| Gerritsen Beach | Brooklyn | $431,964 |
| Coney Island | Brooklyn | $425,000 |
| Midwood | Brooklyn | $402,500 |
| Bay Ridge | Brooklyn | $321,000 |
| Homecrest | Brooklyn | $282,500 |
| Sheepshead Bay | Brooklyn | $280,000 |
Residential Properties Sold in Brooklyn
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $1M | 8.1% | $1K | -2.4% | 0 |
| Coops | $372K | -8.9% | $716 | -15.7% | 0 |
| Houses | $847K | -6.7% | $599 | -1.7% | 0 |
The median house sale price in Brooklyn in November was $847K, down 6.7% year-over-year. Conversely, median condo prices in Brooklyn trended up 8.1% year-over-year to $1M. Median coop sale price in Brooklyn were $372K, a change of -8.9% year-over-year.
See also
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