Prices, rents are both up in the borough
By Brooklyn Eagle Staff
StreetEasy has released its February 2022 Real Estate Market Report, and with
heightened demand and fewer listings available on the market, this spring is set to be a competitive one for prospective home buyers.
The median asking price in Brooklyn was $928,000 — a 3.2 percent uptick from last year, and the largest annual
increase since May 2018.
Homes are coming off the market the fastest in Brooklyn at a median of 79 days — 25 days faster than they were last year, and Brooklyn for-sale inventory was down 12 percent.
