According to PropertyShark's 2024 report, Brooklyn neighborhoods have continued to rise in the rankings of most expensive places in New York City. Specifically, 21 neighborhoods now boast median sales prices above $1 million, with Red Hook claiming the highest price in Brooklyn, ranking ninth overall in the city. Carroll Gardens follows closely in 10th place, showcasing an 11% increase in median prices from last year. Interestingly, Brooklyn was the sole borough to witness sales transaction growth, countered by notable declines in areas like Boerum Hill and Gowanus, indicating a fluctuating real estate market.
Brooklyn continues to climb in the rankings of New York City's most expensive neighborhoods, with 21 areas surpassing the $1 million mark this year.
Red Hook claims the title of Brooklyn's most expensive neighborhood, ranking ninth citywide, followed closely by Carroll Gardens, which is tied for 10th place.
#brooklyn-real-estate #expensive-neighborhoods #2024-property-market #median-sale-prices #housing-trends
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