Carroll Gardens, Greenpoint & Williamsburg Lead Brooklyn Price Surge

According to REBNY's report, the median sale price of all Brooklyn apartments (cooperatives and condominiums) increased six percent above the 2005 level to $343,000. These include both co-ops and condos. In individual neighborhoods, Carroll Gardens posted both the highest average sale price of $681,000, a 12 percent increase, and the highest average price per square foot for a cooperative at $800, a 32 percent increase over 2005. Greenpoint had the highest percentage jump in median sale price of an apartment in 2006, shooting up 65 percent from a year earlier. The highest percentage increase in median price per square foot for an apartment was in Williamsburg at 28 percent.
DUMBO/Fulton Ferry reported the highest average sale price of a condominium at $1,053,000. In 2006, Brooklyn Heights maintained the highest average price per square foot for a condominium at $914.
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