North Brooklyn SUBMARKET OVERVIEW
% Δ
% Δ
Condos
Q4 '23
Q3 '23
Q4 '22
130
172
-24.4%
218
-40.4%
# SALES
$166,921,991 $226,649,878 -26.4% $322,499,026 -48.2%
SALES VOLUME
2%
2%
-
1%
-
AVG. DISCOUNT
CONDO
CO-OP
HOUSE
$1,169,506
$1,100,000 6.3% $1,245,000 -6.1%
MEDIAN PRICE
$1,284,015
$1,317,732 -2.6% $1,479,353 -13.2%
AVERAGE PRICE
AVERAGE PPSF
$1,330
$1,309
1.6%
$1,427
-6.8%
26%
AVERAGE SF
993
1,013
-2.0%
1,013
-2.0%
Q4 2023 Market Share
% Δ
% Δ
Co-ops
Q4 '23
Q3 '23
Q4 '22
4%
8
14
-42.9%
11
-27.3%
# SALES
70%
$3,431,000 $8,437,000 -59.3% $4,590,000 -25.3%
SALES VOLUME
0%
2%
-
4%
-
AVG. DISCOUNT
$422,500
$449,000 -5.9% $395,000
7.0%
MEDIAN PRICE
AVERAGE PRICE
$428,875
$602,643 -28.8% $417,273
2.8%
INVENTORY
CONTRACTS
SALES
% Δ
% Δ
Houses
Q4 '23
Q3 '23
Q4 '22
49
72
-31.9%
78
-37.2%
# SALES
0 100 200 300 400 500
$77,115,313 $127,133,888 -39.3% $138,985,375 -44.5%
SALES VOLUME
9%
9%
-
8%
-
AVG. DISCOUNT
$1,300,000 $1,484,000 -12.4% $1,480,000 -12.2%
MEDIAN PRICE
$1,573,782 $1,765,748 -10.9% $1,781,864 -11.7%
AVERAGE PRICE
AVERAGE PPSF
$632
$650
-2.8%
$622
1.6%
AVERAGE SF
2,880
3,047
-5.5%
2,938
-2.0%
Q4 '20
Q4 '21
Q4 '22
Q4 '23
12
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