Quarterly Report: Brownstone and North Brooklyn
IDEAL PROPERTIES GROUP LAUNCHES BROWNSTONE BROOKLYN AND BEYOND,
A NEW QUARTERLY REPORT ANALYZING THE BOROUGH’S RESIDENTIAL
REAL ESTATE MARKET.
TOWNHOUSE REPORT: As established by Ideal Properties Group’s residential market report, the closing quarter of 2014 has seen a townhouse market achieving the amount of “record-breaking” sales that significantly exaggerated the quarter’s median sales prices. The volume of townhouse sales over $3M intensified, lending the anomalous effect. Townhouse sales over $3M are not exactly novelty to Brownstone Brooklyn markets, but their swelling numbers are an indicator of a changing landscape of expectations...