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News & Notes

Brownstone Brooklyn Market Report: 4Q17

Our Brownstone Brooklyn Market Report for the 4th Quarter 2017 has been released! With the addition of Park Slope in this iteration of our report, we are now covering seven of Brooklyn’s most in-demand Brownstone neighborhoods. Welcome, Park Slope!

We’d like to note that Brennan’s Market Reports are a major resource for home sellers and home buyers, as we are presently the only real estate brokerage offering a neighborhood-by-neighborhood analysis of townhouse and condominium sales activity in Brownstone Brooklyn. We do not use a third party to aggregate our data, which is a testament to our superior knowledge of three things: Real Estate, Marketing, and Brooklyn.

With that said, we have exciting news: Brownstone Brooklyn is continuing to hold steady and show strong transactional activity in the marketplace! Despite some dips in condominium pricing in select markets, we still continue to see an upward trend in average sales prices over the year for townhouses in most of the Brownstone Brooklyn neighborhoods noted in the report. Here are a few key takeaways:

  1. 1. A 7.38% increase in the average sales price of townhouses market wide from last year.
  2. 2. A 47.91% increase in the average sales price of townhouses in Brooklyn Heights from last quarter.
  3. 3. An 11.66% increase in the average price per square foot for townhouses in Park Slope from last year.


Read the full report here.

If you would like for one of our team members to discuss this report with you in further detail, please email us at Ask@BrennanRE.com or give us a call at 718.858.8238. Looking forward to connecting with you!

    You May Also Like:

    • Brownstone Brooklyn Market Report: 2Q18

      July 24, 2018 In this iteration of our neighborhood centric market report we have added tables that rank the 11 neighborhoods we currently track using an average price per square metric for both townhouses and condominiums (page 8). We have also identified the top five townhouse and condominium sales by gross sales price and by price per square foot (page 9). We will continue to add coverage of additional neighborhoods in the coming quarters.
    • Brownstone Brooklyn Market Report: 1Q18

      April 20, 2018 We continue to expand our coverage of the neighborhoods we are actively working in with our clients. This quarter, we have added Gowanus, Fort Greene, Clinton Hill and Prospect Heights to the existing seven neighborhoods—Brooklyn Heights, Cobble Hill, Carroll Gardens, Boerum Hill, Columbia Street Waterfront District, Park Slope and Dumbo. We will continue to add coverage of additional neighborhoods in the coming quarters.

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