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Brooklyn Median Down another 9 YoY%...

Started by somewhereelse
about 16 years ago
Posts: 7435
Member since: Oct 2009
Discussion about
unfortunately, doesn't give the QoQ or from peak... but we know Q4 last year was down as well... http://www.crainsnewyork.com/article/20100121/FREE/100129970/1059 Median sales prices in Brooklyn fell 8.7% to $447,174. The slide was attributed to the decline in prices of new development units, which was $491,895, down 15.9% from the same quarter of 2008. HMS Associates recently released similar results, indicating that average home prices fell to $589,000 last year, down 9% from 2008.
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