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SPRING CREEK A monthly analysis of residential sales in Spring Creek, Brooklyn January 2017
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Residential Market Report, January 2017
Residential Market Report, January 2017 Spring Creek, Brooklyn
SUMMARY MEDIAN SALE PRICE
NO. OF TRANSACTIONS
MEDIAN PRICE/SQ.FT.
BROOKLYN MEDIAN SALE PRICE
$420K
11
$261
$672K
29% YoY
267% YoY
-23% YoY
10% 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 11
12
Feb 3 0 4 2 0
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
11
10 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 $
$261
RESIDENTIAL SALES BREAKDOWN Type of Residential Properties Sold Property Type Median sale price Condos Coops Houses $419,666
Y-o-Y 21%
Median sale price/sqft $261
Y-o-Y -14%
Transactions 0 0 11
Number of Sales by Building Type
Condos Coops Houses
100%
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LIST OF TRANSACTIONS Address 733 Vandalia Ave 739 Vandalia Ave 751 Vandalia Ave 753 Vandalia Ave 761 Vandalia Ave 747 Vandalia Ave 749 Vandalia Ave 757 Vandalia Ave 737 Vandalia Ave 755 Vandalia Ave
BBL 3-04452-0359 3-04452-0362 3-04452-0368 3-04452-0369 3-04452-0373 3-04452-0366 3-04452-0367 3-04452-0371 3-04452-0361 3-04452-0370
Sale date 30-Jan-17 11-Jan-17 11-Jan-17 11-Jan-17 30-Jan-17 30-Jan-17 30-Jan-17 30-Jan-17 11-Jan-17 11-Jan-17
Sale price $441,761 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666 $419,666
Property type House House House House House House House House House House
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Sqft 1,640 1,606 1,606 1,638 1,606 1,606 1,606 1,606 1,606 1,638