Ideal Properties Group's Market Report: Third Quarter 2016

Ideal Properties Group's 3rd Quarter residential sales report (http://tinyurl.com/zcsk4znrevealed that residential sales neared the $1.4M mark in Brownstone and North Brooklyn as 2016 marches to another landmark year. The report showed that the quarter-after-quareter average sales prices increased 2.8 percent to $1,398,191, and, for the tenth consecutive quarter, condominiums continue to command prices over $1M, posting quarter-over-quarter gains of 1.6 percent to an average $1,317,640. The trend is likely to carry over into the closing quarter of 2016.

 

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