East Brooklyn SUBMARKET OVERVIEW
% Δ
% Δ
Condos
Q4 '23
Q3 '23
Q4 '22
77
104
-26.0%
109
-29.4%
# SALES
$65,207,790 $82,954,338 -21.4% $82,759,920 -21.2%
SALES VOLUME
2%
2%
-
2%
-
AVG. DISCOUNT
CONDO
CO-OP
HOUSE
$795,000
$771,324
3.1%
$664,004 19.7%
MEDIAN PRICE
$846,854
$797,638
6.2%
$759,265 11.5%
AVERAGE PRICE
AVERAGE PPSF
$906
$999
-9.3%
$1,007
-10.0%
28%
AVERAGE SF
955
833
14.6%
805
18.6%
Q4 2023 Market Share
% Δ
% Δ
Co-ops
Q4 '23
Q3 '23
Q4 '22
6%
17
14
21.4%
16
6.3%
# SALES
66%
$12,266,817 $7,297,000 68.1% $9,154,955 34.0%
SALES VOLUME
4%
7%
-
5%
-
AVG. DISCOUNT
$605,000
$449,500 34.6% $529,500 14.3%
MEDIAN PRICE
AVERAGE PRICE
$721,577
$521,214 38.4% $572,185 26.1%
INVENTORY
CONTRACTS
SALES
% Δ
% Δ
Houses
Q4 '23
Q3 '23
Q4 '22
181
172
5.2%
201
-10.0%
# SALES
$238,563,283 $227,388,416 4.9% $235,710,325 1.2%
SALES VOLUME
0 100 200 300 400 500 600 700
7%
7%
-
9%
-
AVG. DISCOUNT
$1,075,000
$999,000 7.6% $985,000
9.1%
MEDIAN PRICE
$1,318,029
$1,322,026 -0.3% $1,172,688 12.4%
AVERAGE PRICE
AVERAGE PPSF
$572
$500
14.4%
$524
9.2%
AVERAGE SF
2,814
2,662
5.7%
2,414
16.6%
Q4 '20
Q4 '21
Q4 '22
Q4 '23
14
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