Greenwood Brooklyn Real Estate Report March 2018

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We might have a few snow storms left in store for Brooklyn but be brave, spring is around the corner. That means its time to think about real estate. Spring time is traditionally the busiest time of year with buyers coming out of hibernation out and sellers listing their homes at the most beautiful time of year. 

Then end of Q1 will come at the end of March, but were are giving you a little bit of a sneak peak update on current and recent transactions in the Greenwood area. Please contact me if you are interested in move details, buying or current value of your home. 

 

Condos on the market.

New development and resale (as of 3/7/2018)

 

10 Active Listings 

AVERAGE PRICE

$1,095,765

MEDIAN PRICE

$947,000

AVERAGE $ / SQ FT

$787

AVERAGE DAYS ON MARKET

109

 

RECENTLY SOLD CONDOS (6 months)

TOTAL CLOSED

14

AVERAGE PRICE

$983,014

MEDIAN PRICE

$999,000

AVERAGE $ / SQ FT

$909

PRICE TREND

+14.3%

AVERAGE DAYS ON MARKET

84

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LIST OF All CLOSED CONDO SALES (Last 6 Months)

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Most of the houses in Greenwood are multi families, so here is our snap shot of the last 6 months. 

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Here is a list of the recorded multi family sales in the last 6 months as reported by the city. 

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I hope you found this blog post helpful. If you are in the market to buy, sell or rent in Brooklyn this spring please feel free to give me a call. Are you interested in another neighborhood? Ask me about our custom reports based on your specific criteria. Enjoy the day!