Ideal Properties Group's Market Report: Fourth Quarter 2016

Ideal Properties Group's 4th Quarter residential sales report (http://tinyurl.com/hnjlpl9) revealed that residential sales continue to flourish despite the change of national leadership. The averaged prices approached another milestone as neared the $1.5 million mark in Brownstone and North Brooklyn sales as 2016 ends. The report showed that the quarter-after-quareter average sales prices increased 7.1 percent to $1,497,460. The average median sales, the report provided, continued to increase steadily, but the sales shot up nearly 14.3 percent from the previous year — with the price per-square-foot holding an 11 percent gain from the previous year.