Halstead released its mid-year market report on Brooklyn townhouses on Friday. The results, which measure sales in the first half of this year against sales in the first half of ’05, belie any kind of a market slowdown. Of course, we all know better. Makes for some fun reading though. The biggest price increase was seen on the North Side of Williamsburg, where townhouses commanded 59% more this year than last. Prospect Park South turned in a 52% increase while Fort Greene jumped 42%. Meanwhile, the average price for a townhouse in the broad swath covered by Boerum Hill, Brooklyn Heights, Carroll Gardens, Cobble Hill and Park Slope rose 11 percent. Bensonhurst was the only nabe with any sizable volume that didn’t make a profit for its homeowners, with average prices flat over 130 transactions. The entire report is available on the link below.
First Half Brooklyn Townhouse Report [Halstead]