spring creek


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

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

Residential Market Report, March 2017

Residential Market Report, March 2017 Spring Creek, Brooklyn

SUMMARY MEDIAN SALE PRICE

NO. OF TRANSACTIONS

MEDIAN PRICE/SQ.FT.

BROOKLYN MEDIAN SALE PRICE

$420K

9

$259

$650K

50% YoY

800% YoY

-23% YoY

12% 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 $

$420K

Number of Transactions Year 2012 2013 2014 2015 2016 2017

Jan 4 4 8 3 3 10

12

Feb 3 0 4 2 0 8

Mar 4 2 1 1 1 9

10

10

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

8

Apr 8 28 1 6 2

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 $

$259

RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos Coops Houses $419,666

Y-o-Y -

Median sale price/sqft $259

Y-o-Y -

Transactions 0 0 9

Number of Sales by Building Type

Condos Coops Houses

100%

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

LIST OF TRANSACTIONS Address 693 Vandalia Ave 701 Vandalia Ave 707 Vandalia Ave 705 Vandalia Ave 703 Vandalia Ave 713 Vandalia Ave 699 Vandalia Ave 717 Vandalia Ave

BBL 3-04452-0323 3-04452-0327 3-04452-0330 3-04452-0329 3-04452-0328 3-04452-0333 3-04452-0326 3-04452-0335

Sale date 17-Mar-17 10-Mar-17 10-Mar-17 10-Mar-17 17-Mar-17 17-Mar-17 10-Mar-17 10-Mar-17

Sale price $441,761 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666

Property type House House House House House House House House

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

Sqft 1,668 1,606 1,638 1,638 1,606 1,606 1,634 1,634