Brooklyn January 2021 Market Update

315 211 367 The strength of Brooklyn's market did not let up in January, with a whopping 901% year over year increase in contracts signed and 12% more sales than January of 2020. Median listed price and average price per square foot were slightly down year over year, as were the number of new listings to hit the market. Month over Month $1,087 Dec 2020 SALES Year over Year Dec 2020 Month over Month Jan 2021 348 Jan 2021 2,625 Jan 2020 2,755 Year over Year Month over Month Dec 2020 CONTRACTS SIGNED 32 Dec 2020 average PRICE PER SF Month over Month BROOKLYN MARKET UPDATE 389 324 Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly reported data from Automated City Register Information System (ACRIS) as well as proprietary data. Year over Year Year over Year Jan 2021 Jan 2020 290 $1,057 $866,984 $898,200 median listed price Year over Year Month over Month $1,112 Jan 2021 TOTAL INVENTORY $854,364 2,386 JAN 2021 Year over Year Dec 2020 Month over Month Jan 2020 Jan 2020 Jan 2020 Jan 2020 number of new listings Jan 2021 Dec 2020 Jan 2021 320