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NYC Gazette

Thursday, April 10, 2025

Prospect Heights home prices fall in October 2017

Realestate1

The median sale price of a home sold in October 2017 in Prospect Heights fell by $162,500 while total sales increased by 400%, according to BlockShopper.com.

In October 2017, there were 10 homes sold, with a median sale price of $542,500 - a 23% decrease over the $705,000 median sale price for the same period of the previous year. There were two homes sold in Prospect Heights in October 2016.

The following table compares Prospect Heights to other Kings County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Crown Heights North31200%$875,000$75,0001066.7%
East New York12-50%$855,000$405,000111.1%
Fort Greene10-$852,000$0-
Bensonhurst West20-$771,818.18$0-
Brooklyn639687-7%$675,000$605,00011.6%
Sunset Park West220%$611,205.50$1,897,500-67.8%
Bay Ridge110%$599,000$500,00019.8%
Prospect Heights102400%$542,500$705,000-23%
Brooklyn Heights/Cobble Hill34-25%$430,000$894,500-51.9%
Sunset Park East220%$278,500$423,500-34.2%
Cypress Hills/City Line110%$3,900$330,000-98.8%

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