Here’s where Brooklyn home buyers get the most space for their money
Larger homes on the Market; no. of contracts up year-over-year
Home-shopping season is just around the corner, and Street Easy, a leading New York real estate marketplace, says it is going to be a busy year for buyers and sellers. Since the pandemic and the rise of remote work, space has become a prime component of the decision-making process for buyers.
To help New Yorkers find the most space for their money, StreetEasy’s January 2022 Market Report reveals where in NYC the asking price per square foot (PPSF) is falling, and where it is rising. And according to Street Easy, Brooklyn is still “red hot.”
The median asking price per square foot in Brooklyn in January was $666 — down 3.8 percent since last year. This is a promising shift for those looking to Brooklyn for more space for their money.