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SPRING CREEK A monthly analysis of residential sales in Spring Creek, Brooklyn February 2017
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Residential Market Report, February 2017
Residential Market Report, February 2017 Spring Creek, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$420K
9
$257
$707K
-
-
-
15% YoY
NEIGHBORHOOD BOUNDARIES
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RESIDENTIAL STATS Median Sale Price by Month $500K $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$420K
Median Sale Price by Quarter $450K $400K $350K $300K $250K $200K $150K $100K $50K $
$310K
Number of Transactions Year 2012 2013 2014 2015 2016 2017
Jan 4 4 8 3 3 10
12
Feb 3 0 4 2 0 9
10
10
Mar 4 2 1 1 1
Apr 8 28 1 6 2
May 6 9 0 2 0
Jun 2 7 2 1 1
Jul 5 24 4 6 3
Aug 3 12 5 0 1
Sep 4 15 5 4 3
Oct 3 10 9 4 1
Nov 0 8 2 0 0
Dec 4 3 6 3 2
9
8 6
4 2
0 Jan
Feb
Mar
Apr
May
Jun 2015 2016
Jul 2017
Aug
Sep
Oct
Nov
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Dec
Median Sale Price per Square Foot $450 $400 $350 $300 $250 $200 $150 $100 $50 $
$257
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos $276,500 Coops Houses $419,666
Y-o-Y -
Median sale price/sqft $363 $257
Y-o-Y -
Transactions 2 0 7
Number of Sales by Building Type
22%
Condos Coops Houses
78%
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LIST OF TRANSACTIONS Address 723 Vandalia Ave 745 Vandalia Ave 743 Vandalia Ave 759 Vandalia Ave 741 Vandalia Ave 12421 Flatlands Ave #5H 988 Cleveland St 400 Cozine Ave #5F
BBL 3-04452-0338 3-04452-0365 3-04452-0364 3-04452-0372 3-04452-0363 3-04423-1459 3-04381-0021 3-04423-1349
Sale date 23-Feb-17 23-Feb-17 23-Feb-17 23-Feb-17 23-Feb-17 6-Feb-17 2-Feb-17 21-Feb-17
Sale price $419,666 $419,666 $419,666 $419,666 $419,666 $333,000 $230,000 $220,000
Property type House House House House House Condo House Condo
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Sqft 1,632 1,606 1,632 1,638 1,632 896 1,224 622
