Greenpoint, Bed-Stuy had BK’s fastest-rising condo prices: TRData Average ppsf numbers trended down hardest in DoBro, Brighton Beach
Make (more) way for the well-heeled hip.
In Brooklyn, average per-foot condominium sales prices are rising fastest in neighborhoods 爱上海同城手机版 on the edges of “greater Williamsburg” Greenpoint and Bedford-Stuyvesant according to The Real Deal s analysis of transactions recorded over the past year.
Greenpoint saw sales prices rise fastest on average, climbing about $200 per foot, to roughly $1,150 in March, up from about $950 in April 2015. The apartments sold were relatively small, about 960 square feet on average, and prices on several sales exceeded $1,200 a foot.
In Bedford-Stuyvesant fast becoming a gentrification case study the price per square foot average rose from about $500 in April 2015 to $700 in March 2016, a 40 percent average increase.
This doesn’t mean every Bed-Stuy condo was 40 新爱上海同城对对碰论坛 percent more valuable at the end of the period, but it does show that the amount buyers paid per square foot grew sharply during that period, in which 127 condo sales were recorded.
The condos sold in Bed-Stuy were much larger on average than th阿爱上海同城 ose in Greenpoint: measuring an average of about 1,200 square feet. They were highly concentrated along the Bedford Avenue corridor that runs through the most western portion of Bed-Stuy, a neighborhood that stretches more than t阿爱上海同城 hree miles east to west.
Brighton Beach saw the sharpest price trend i[……]