< All Market Reports

Elliman Report: Brooklyn Sales 3Q 2013

Like the prior quarter, both price indicators reached 10-year record highs. Median sales price jumped 11.6% to $564,720 over the same period last year and was the highest quarterly result since the metric was tracked in the first quarter of 2003. Median sales price year-todate, increased at a faster pace, rising 14.4% to $549,000 over the same period last year. Average sales price followed the same pattern, rising 13.1% to a 10-year record of $694,777. All price quintiles showed year-over-year gains with the highest increases seen moving towards the top of the market.

Download Now

Get Weekly Insights and Research

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
Joined October 2007