Market Snapshot: Fort Greene

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    PropertyShark has hooked us up with lots of stats about how the real estate market has performed in Fort Greene since the beginning of 2005. The bigger picture shows a healthy market in the neighborhood for both apartment and house sales following a predictable drop in volume in early 2009.

    Condos and co-ops: The median sales price for all apartments in Fort Greene since 2005 is $585,000, and there were 742 condo or co-op sales during that period.

    Houses: The median sales price for all one- to three-family houses since 2005 is $1,199,000. Price-wise, the market peak happened in the second and third quarters of 2008, when the median price topped $1.9 million. There are usually between five and 10 closings each quarter, and a total of 194 houses have sold since the beginning of 2005.

    Biggest sale ever: The most expensive house to ever sell in Fort Greene is 275 Adelphi Street, which sold for $3,055,500 in mid-2008.

    Cheapest prop on the market: A one-bedroom co-op at 105 Ashland Place listed for $199,000.
    Click through for more charts showing price trends since ’05….



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