Housing gets more expensive - Brooklynian

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Housing gets more expensive

According to an article on Bloomberg.com the median price of luxury condos, co-ops and 1-3 family houses in Brooklyn has risen to $1.37 million. The low end of that market starts at $999,000.

The median price of just ordinary co-ops, condos and 1-3 family houses fell to $477,108.

I suggest to those of you looking to buy, start saving those pennies now.

Comments

  • the not so cool places are still cheap no increases etc..and they be safe.

  • 1-3 family homes where in Brooklyn? Are they including housing in Brownsville, E NY, Gerritsen, Bergen Beach and so on?

  • There was no distinction or naming of areas in the article. It just claimed that the "median" price was that amount. I suspect the numbers may be so high because there are more houses being sold in "better" areas than are sold in Brownsville/East New York so that might skew the results somewhat.

This discussion has been closed.