[New Dev City] 2Q 2011 Brooklyn Report Available For Download
Posted by Jonathan J. Miller -Thursday, July 14, 2011, 5:10 PM
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The renamed “The Douglas Elliman Report: Brooklyn Sales 2Q 2011” was published today. It is part of a report series that we have authored for Prudential Douglas Elliman since 1994.
You can build your own custom data tables with the new data. Charts will be added shortly.
Here’s an excerpt from the report:
…Over the past five quarters, Brooklyn price indicators have shown modest gains over the same period the last year. In the second quarter, median sales price was $480,000, 3.7% above $463,000 in the second quarter last year and 1.1% above $475,000 in the prior quarter. Average sales price showed the same pattern. The rise of each price indicator was largely attributable to the increase in the average size of a sale in the quarter. While new development sales averaged 1,030 square feet and was essentially unchanged over the past year, the average resale, representing 75.4% of all apartment sales, expanded 4.9% to 2,155 square feet over the same period…
Other reports we prepare can be found here.
2Q 2011 Brooklyn Sales Report [Miller Samuel]
Brooklyn custom data tables [Miller Samuel]
