Brooklyn provides two sharpest sales increases with Greenpoint and Greenwood Heights, as well as most significant slowdown in sales with Boerum Hill and Carroll Gardens
Two neighborhoods in Brooklyn in the top 10 with Cobble Hill (#7) and Carroll Gardens (#8) were next at $1.96 million and $1.95 million, respectively.
Prices fell in Clinton Hill (#47) and Gowanus (#19) at -30% Y-o-Y and -44% Y-o-Y, respectively, logging the sharpest price drops among the city’s most exclusive neighborhoods.
Clinton Hill’s median sale price fell by more than $1 million after pricey sales pushed up last year’s figures. More precisely, nearly one-quarter of the neighborhood’s sales in Q2 2023 originated at 532 Clinton St. with a building median price of $2.26 million. In contrast, no sales were logged there during the last three months. In fact, just one Clinton Hill sale surpassed $2 million in Q2 2024.
