As I reported a few weeks ago, home buyers continue to crowd open houses each weekend. In brownstone Brooklyn, we’re seeing increased demand pressure especially for two-family homes. The chart below lists six such recent transactions–note these homes were on the market for an average of only 37 days.
Today’s market is an active one, and if you find what you like, you may need to act fast. Make sure you’re kept aware of market trends and activities so you can act with confidence.
If you need help in understanding why these properties are trading at the prices they are, email me or give me a call at 917-568-6525.
Two-family Homes
(Cobble Hill, Carroll Gardens, Boerum Hill, Gowanus)
Address Asking Price Days on Mkt Listed In Contract*
476 Degraw St. $1,595,000 50 10/26/2010 12/15/2010
350 Baltic St. $1,275,000 46 1/3/2011 2/18/2011
452 Sackett St. $1,295,000 29 1/26/2011 2/24/2011
291 Hoyt St. $1,500,000 49 1/26/2011 3/16/2011
70 Second St. $1,645,000 28 2/2/2011 3/2/2011
371 Clinton St. $2,695,000 20 3/2/2011 3/22/2011
Average $1,667,500 37
* As reported on StreetEasy as “In Contract” or “No Longer Available.”
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