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

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

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

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 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

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

Sqft 1,640 1,606 1,606 1,638 1,606 1,606 1,606 1,606 1,606 1,638