In July 2017, there were two homes sold, with a median sale price of $264,000 - a 16.8% increase over the $226,000 median sale price for the same period of the previous year. There were seven homes sold in Bay Ridge in July 2016.
The following table compares Bay Ridge to other Kings County cities with similar median sales prices in July 2017:
City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Brooklyn | 686 | 711 | -3.5% | $670,000 | $610,000 | 9.8% |
Prospect Heights | 5 | 2 | 150% | $549,000 | $1,536,450 | -64.3% |
Sunset Park West | 1 | 2 | -50% | $520,000 | $1,352,500 | -61.6% |
Bushwick South | 1 | 1 | 0% | $490,000 | $2,266,550 | -78.4% |
Clinton Hill | 1 | 0 | - | $455,000 | $0 | - |
East New York | 3 | 2 | 50% | $370,000 | $1,082,500 | -65.8% |
Erasmus | 2 | 0 | - | $362,500 | $0 | - |
Williamsburg-North Side/South Side | 3 | 2 | 50% | $350,000 | $4,935,000 | -92.9% |
Bay Ridge | 2 | 7 | -71.4% | $264,000 | $226,000 | 16.8% |
Crown Heights North | 1 | 5 | -80% | $25,000 | $1,050,000 | -97.6% |
East Williamsburg | 1 | 0 | - | $5,500 | $0 | - |