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Brooklyn Brownstones: Sassy Price Jumps

In an uneven market, one bastion of strength appears to be the good old Brooklyn brownstone. At the very least, over the first half of this year, the trend line continued to rise across the borough's brownstone neighborhoods according to a new report that just hit our inbox from Halstead. The firm surveyed all 4,358 sales of one-to-four family homes, noting double-digit price increases in neighborhoods including Fort Greene, Bed-Stuy, and Greenpoint.

The median price in BoCoCa/Brooklyn Heights/Park Slope (alas, all grouped together) hit $1,250,000, far above the Bed-Stuy/Clinton Hill/Fort Greene median of $510,000. The price jump in the former neighborhood was across the board; in the latter group, mostly for the larger, better properties. There's also data for Greenpoint/Williamsburg (median: $622,500) and Bay Ridge/Bensonhurst/Dyker Heights ($670,000). Lots more graphs and goodies after the jump; the report will be posted shortly for download on Halstead's market report page.

UPDATE: Brownstoner is on the case; commenters don't buy the medians.


Thanks to Halstead for allowing us to share this data.