Tag: brooklyn-home-prices

Brooklyn home prices set record as inventory surges in first quarter: reports

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May. 9, 2025 By Cate Corcoran Average and median home prices hit new highs in Brooklyn in the first quarter, even as inventory jumped, showing continued strong demand. After a period of constrained inventory followed by slight easing, the number of homes on the market rose 9.2% to 2,635 in the quarter compared to…

Brooklyn home prices surge despite fewer sales as rents dip amid bidding wars

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Oct. 15, 2024 By Cate Corcoran Home prices just keep rising in Brooklyn as the number of sales drop but listing inventory is starting to increase as interest rates notch down, third-quarter reports out this week found. Separately, rents dipped slightly although rental bidding wars made up a quarter of signed leases, September reports…