The below Market Report is for selected areas in Brooklyn, NY: Bedford-Stuyvesant, Brownsville, Bushwick, Canarsie, Crown Heights, Cypress Hills, East Flatbush, East New York, Flatbush, Flatlands, Ocean Hill, Old Mill Basin. This information is gathered from Brooklyn MLS (it is not inclusive of all properties sold in these areas).
One Family Homes
Median Selling Price – $378,250, a decrease of 6.8% from December 2007
Closed sales – 19 Days on market – 180
Total Active Listings as of December 2008 – 220 Bank Owned – 12
New Active Listings this month – 28
Expired Listings this month – 75 Days on Market – 224