{"id":18644,"date":"2016-01-12T11:05:04","date_gmt":"2016-01-12T15:05:04","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=18644"},"modified":"2024-03-14T20:16:37","modified_gmt":"2024-03-14T18:16:37","slug":"park-slope-real-estate-market-broke-home-price-record-in-2015-luxury-market-was-booming","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2016\/01\/12\/park-slope-real-estate-market-broke-home-price-record-in-2015-luxury-market-was-booming\/","title":{"rendered":"Park Slope Real Estate Market Broke Home Price Record in 2015. Luxury Market Was Booming"},"content":{"rendered":"<h3><span class=\"ez-toc-section\" id=\"Park_Slope_Residential_Market_Highlights_2015\"><\/span>Park Slope Residential Market Highlights (2015)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The median home sale price continued to climb in 2015 to a record value of\u00a0$930,000, up by 10% from 2014;<\/li>\n<li>The number of sales was at its second-lowest in the last decade: 478 sales;<\/li>\n<li>The luxury market in Park Slope was booming, with 91 properties over $1.5 million changing hands in 2015;<\/li>\n<li>Park Slope ranked #32 in the top 50 list of most expensive NYC neighborhoods and #7\u00a0in the list of most expensive Brooklyn neighborhoods;<\/li>\n<li>The most expensive property sold in 2015 was a single-family, detached home located at <a title=\"17 Prospect Park W, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145272\/17-Prospect-Park-W-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">17 Prospect Park W<\/a>. It sold for $12.4 million and it was <strong>the second most expensive home sold in Brooklyn<\/strong>.<\/li>\n<li><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-slope-map.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18669\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-slope-map.jpg\" alt=\"Park slope map\" width=\"700\" height=\"667\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-slope-map.jpg 842w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-slope-map.jpg?resize=300,286 300w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-slope-map.jpg?resize=768,732 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"An_average_home_in_Park_Slope_Cost_930000_in_2015_an_all-time-high\"><\/span>An average home in Park Slope Cost $930,000 in 2015, an all-time-high<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you were looking to buy a home in Park Slope, you probably know that the area doesn\u2019t come as cheap. In 2015, the A-class neighborhood asked potential home buyers to shed a median of <strong>$930,000\u00a0for a home<\/strong>*, which was 10% more than in 2014. In exchange, buyers got to call home\u00a0<a title=\"Brooklyn real estate market in 2015\" href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/2016\/01\/08\/home-prices-and-luxury-sales-in-brooklyn-at-new-peaks-in-2015\/\" target=\"_blank\" rel=\"noopener\">Brooklyn\u2019s 7th most expensive neighborhood<\/a>.<\/p>\n<p>Take a look at how the Park Slope real estate market did\u00a0in the past decade:<\/p>\n<p><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18670\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend-1.jpg\" alt=\"Park Slope trend 1\" width=\"700\" height=\"168\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend-1.jpg 929w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend-1.jpg?resize=300,72 300w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend-1.jpg?resize=768,184 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<h3><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18672\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend.jpg\" alt=\"Park Slope trend\" width=\"700\" height=\"276\" srcset=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend.jpg 547w, https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2016\/01\/Park-Slope-trend.jpg?resize=300,118 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/h3>\n<p style=\"text-align: center;\">* We took into account only single-family, condo and coop sales (number of sales was adjusted). The sales data for 2015 is based on all transactions closed in the neighborhood between Jan. 1 and Dec.15, 2015.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_number_of_luxury_sales_in_Park_Slope_up_by_50\"><\/span>The number of luxury sales in Park Slope up by 50%<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A total of <strong>91 homes over $1.5 million<\/strong> changed hands in Park Slope in 2015, the highest in 5 years and almost 20%\u00a0of the total number of sales closed in the neighborhood. This was a jump of 50% compared to the number seen in 2014 (61 luxury sales)<\/p>\n<p>Here are the <strong>top 5 most expensive homes sold in Park Slope in 2015<\/strong>:<\/p>\n<p>#5. <a title=\"878 Carroll Street, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145399\/878-Carroll-St-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">878 Carroll Street, Brooklyn<\/a><\/p>\n<p>Sale price: $3,954,000<\/p>\n<p>#4. <a title=\"857 Carroll Street, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145276\/857-Carroll-St-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">857 Carroll Street, Brooklyn<\/a><\/p>\n<p>Sale price: $4,050,000<\/p>\n<p>#3. <a title=\"513 4 Street, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145860\/513-4-St-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">513 4 Street, Brooklyn<\/a><\/p>\n<p>Sale price: $4,060,000<\/p>\n<p>#2. <a title=\"250 Garfield Place, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145501\/250-Garfield-Pl-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">250 Garfield Place, Brooklyn<\/a><\/p>\n<p>Sale price: $7,665,000<\/p>\n<p>#1. <a title=\"17 Prospect Park W, Brooklyn\" href=\"https:\/\/www.propertyshark.com\/mason\/Property\/145272\/17-Prospect-Park-W-Brooklyn-NY-11215\/\" target=\"_blank\" rel=\"noopener\">17 Prospect Park W, Brooklyn<\/a><\/p>\n<p>Sale price: $12,400,000<\/p>\n<p><strong>Methodology:<\/strong><\/p>\n<p>* 2015 sales data is based on residential properties sold between\u00a0 January 1, 2015 and December 15, 2015<\/p>\n<p>* For the luxury segment we looked at all sales over $1.5 million closed between January 1, 2011 and December 15, 2015<\/p>\n<p>* The building classes counted are single family homes, condo and coop units<\/p>\n<p>* The total number of properties sold in 2015 was <strong>adjusted.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Park Slope Residential Market Highlights (2015) The median home sale price continued to climb in 2015 to a record value of\u00a0$930,000, up by 10% from 2014; The number of sales was at its second-lowest in the last decade: 478 sales; The luxury market in Park Slope was booming, with 91 properties over $1.5 million changing&hellip;<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[349],"tags":[778,510],"class_list":["post-18644","post","type-post","status-publish","format-standard","hentry","category-brooklyn-real-estate","tag-brooklyn-real-estate","tag-park-slope-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Park Slope Real Estate Market Broke Home Price Record in 2015. 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