PropertyShark has provided us with another batch of numbers showing real estate trends in a Brooklyn neighborhood, this time focusing on Carroll Gardens. The data stretches back to the beginning of 2005 and the effects of the late ’08 bust are pronounced: Not one house sold in the neighborhood in the second quarter of 2009. The median price of co-ops, condos and houses in Carroll Gardens last quarter was $820,000. Other details:

Condos and co-ops: There have been 495 apartment sales since 2005 in the neighborhood, and the median price is $670,000. As with houses, sales volume took a hit in early ’09 but has been gaining steam since then.

Houses: There have been 169 one-, two- and three-family home sales in the neighborhood since early 2005, and the median price for the whole period is $1,275,000. Prices were higher than that the last two quarters, though: There were 12 home sales in Q2 of this year, with a median price of $1,704,250, and 5 sales last quarter, with a median price of $1,610,000.

Biggest sale ever: 230 Degraw Street, a two-family that sold for $3,401,000 in mid-2007.

Most expensive property on the market: 32 3rd Place, a house listed for $3.2 million

Cheapest listing in the neighborhood: 441 Court Street #3R, a one-bedroom co-op listed for $324,500

Click through for more graphs with price trends since ’05, as well as a map showing how Carroll Gardens prices compare to neighboring areas.



What's Your Take? Leave a Comment

  1. Donald, what you say makes sense but what would be your definition of a seller’s market in Cobble Hill? Right now there are just a handful of properties on the market there and prices are to my mind
    close to historical highs? Or at least up there.