The 2Q 2009 Brooklyn Market Overview that I author for Prudential Douglas Elliman was released today.

Other reports we prepare can be found here.

The 2Q 2009 [data](https://millersamuel.com/data) and a series of updated [charts](https://millersamuel.com/charts/index.php?Node=1225671404FFPKy) are available.

Press coverage can be found here.

An excerpt

>…There
were 1,428 sales in the second quarter, 29.7%
below the 2,031 sales in the prior year quarter.
Sales jumped, however, 20.4% from the prior
quarter total of 1,186 sales, recovering a portion
of the sharp decline in the prior quarter. The
increase was greater than the normal seasonal
change from first to second quarter, which has
averaged 1.7% since 2003. There would appear
to be a release in pent-up demand since change
in the number of sales between the most recent
fourth and first quarters fell 35.8% in contrast to
a 5.8% average decline over the past six years.
There were 6,330 properties listed for sale, up
4.9% from 6,037 units in the prior year quarter…..

Download 2Q 2009 Brooklyn Market Overview

UPDATE: Listen to the podcast

2 Comments

  1. Deana Luedtke July 16, 2009 at 8:48 pm

    Deana Luedtke says wow to this comment…”There were 6,330 properties listed for sale, up 4.9% from 6,037 units in the prior year ”
    Thanks for your blog
    Deana Luedtke

  2. Mark Jacobs July 17, 2009 at 7:41 pm

    Great information!

    Augusta Real Estate

Comments are closed.