2024 saw NYC real estate prices regain some of the decreases experienced in 2023, inching up 3% Y-o-Y to $748,000 median sale price according to a new report by Property Shark. Brooklyn’s median sale price rose 5% Y-o-Y to $815,000 from $775,000.
Brooklyn’s priciest neighborhood in 2024 was Red Hook at $1.98 million, the result of an 11% Y-o-Y increase. Red Hook was followed by Brooklyn’s only other neighborhood to rank among the city’s top 10, Carroll Garden, which tied with Manhattan’s NoMad at $1.95 million. Carroll Gardens made an impressive 38% Y-o-Y leap.
RankNeighborhoodMedian sale price# of sales1Red Hook$1,975,000162Carroll Gardens$1,950,000663Cobble Hill$1,840,000664Dumbo$1,667,0001055Boerum Hill$1,500,000676Gowanus$1,400,000697Park Slope$1,380,0004098Williamsburg$1,335,0005209Greenpoint$1,335,00030510Prospect Heights$1,205,00017611Columbia Waterfront$1,100,0002912Downtown Brooklyn$1,075,000333
