Realty Times - Brooklyn, New York Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New York > Brooklyn
Bergen Beach - Canarsie - Marine Park - Mill Basin - Old MIll Basin - Park Slope

Market Conditions Summary for Brooklyn, New York

Reported by
WRA Properties, Inc.
as of 1/26/2012:

COMMERCIAL REPORT: The investment property and multi-family inventory is low, keeping prices and demand... MORE->

Reported by
Mike Akerly, Esq.
as of 12/27/2011:

Year-over-year pricing is up in Brooklyn for the 5th consecutive quarter. The median sales price has increased 3.7% to $480,000. The volume of sales in Brooklyn has remain nearly unchanged for two years. The average property was on the market 142... MORE->

Average Current Market Rating: 2.5 (2 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3.5 (2 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > New York > Brooklyn
Bergen Beach - Canarsie - Marine Park - Mill Basin - Old MIll Basin - Park Slope

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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