6
SPRING CREEK A quarterly analysis of residential sales in Spring Creek, Brooklyn 4th Quarter 2016
P: 718-715-1758 www.PropertyShark.com
[email protected]
Residential Market Report, 4th Quarter 2016
Residential Market Report, 4th Quarter 2016 Spring Creek, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$310K
3
$359
$649K
24% YoY
-57% YoY
28% YoY
13% YoY
NEIGHBORHOOD BOUNDARIES
P: 718-715-1758 www.PropertyShark.com
[email protected]
RESIDENTIAL STATS Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$310K
Median Sale Price by Year $350K $278K
$300K $250K $200K
$150K $100K $50K $
Number of Transactions Quarter Q1 Q2 Q3 Q4
2011 29 14 8 5
18 16 14 12 10 8 6 4 2 0
2012 11 16 12 7
2013 6 44 51 21
2014 13 3 14 17
2015 6 9 10 7
2016 4 3 7 3
7 4
Q1
3
3
Q2 2014
Q3 2015
Q4
2016
P: 718-715-1758 www.PropertyShark.com
[email protected]
Median Sale Price per Square Foot $400 $350 $300 $250 $200 $150 $100 $50 $
$359
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $310,000 Coops Houses -
Y-o-Y 11% -
Median sale price/sqft $359 -
Y-o-Y -4% -
Transactions 3 0 0
Number of Sales by Building Type
Condos Coops Houses
100%
P: 718-715-1758 www.PropertyShark.com
[email protected]
LIST OF TRANSACTIONS Address 12427 Flatlands Avenue #16BB 12421 Flatlands Avenue #6E 380 Cozine Avenue #5B
BBL 3-04423-1490 3-04423-1436 3-04423-1115
Sale date 29-Dec-16 14-Oct-16 22-Dec-16
Sale price $320,250 $310,000 $240,000
Property type Condo Condo Condo
P: 718-715-1758 www.PropertyShark.com
[email protected]
Sqft 1,054 864 643