The latest high-end contract activity in Brooklyn highlights that Unit 7C at 1 Prospect Park West topped the priciest listings with an asking price of $4.7 million.
Despite a drop in total contracts signed this year compared to last, the median price for luxury properties has risen from $2.9 million to $3.5 million.
The luxury market continues to thrive as seen with recent contracts, showcasing the allure of sophisticated features like hardwood flooring, en-suite bathrooms, and expansive living spaces.
Recent activity in the Brooklyn luxury market demonstrates both resilience and appetite for high-end homes—whether condos or townhouses—despite fluctuations in asking prices.
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