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).
Two Family Homes
Median Selling Price – $355,500 a decrease of 32.2% from January 2008.
Closed sales – 10 Days on market – 159
Total Active Listings as of January 2009 – 441 Bank Owned – 19
New Active Listings this month – 73
Expired Listings this month – 54 Days on Market – 185
Information gathered from Brooklyn, NY MLS