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SPRING CREEK A monthly analysis of residential sales in Spring Creek, Brooklyn February 2017

P: 718-715-1758 www.PropertyShark.com [email protected]

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

P: 718-715-1758 www.PropertyShark.com [email protected]

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

P: 718-715-1758 www.PropertyShark.com [email protected]

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

P: 718-715-1758 www.PropertyShark.com [email protected]

Sqft 1,632 1,606 1,632 1,638 1,632 896 1,224 622