Ideal Properties Group's Market Report: Fourth Quarter 2017

Despite a slowed New York City real estate market, the final quarter of 2017 proved a continued upward trend in residential sales prices in Brownstone and North Brooklyn. the Ideal Properties Group revealed in its 4th Quarter residential sales report (https://ipg.nyc/market-reports). The area remained remained consistently at the $1 million price tag for most residential properties. Moreover, for the 17th consecutive quarter, the condominiums prices have commanded more than $1 million -- even despite a 8.4 percent drop in the quarter-over-quarter sale prices. The impending new tax plan will surely bring a boost to the real estate market in the early beginnings of  2018. 

 

 

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