Neighborhood Sales Analysis: Crown Heights
Unveiling Crown Heights: The Condo Market Renaissance in Brooklyn's Historic Enclave
Crown Heights melds its illustrious history with a dynamic modern pulse. Once celebrated for its opulence in the early 1900s, evident in its majestic architecture, today it thrives as a diverse and vibrant hub. The neighborhood offers a mosaic of cultures, always buzzing with new restaurants, boutiques, and iconic sites like the Brooklyn Botanic Garden. With its genuine community-centric vibe, residents and visitors are drawn to its unique blend of grand vintage townhouses, modern constructions, and the rich tapestry of businesses and eateries.
The real estate landscape in Crown Heights is a reflection of the neighborhood's dynamic character, exuding both its historical charm and contemporary allure. As one of Brooklyn's evolving precincts, the market showcases a range of properties that cater to diverse preferences and budgets. From meticulously preserved vintage townhouses to state-of-the-art condos, the offerings are as varied as they are enticing. With a keen understanding of current listings, in-contract deals, and recent sales over the past three months, let’s gauge the pulse of Crown Heights' property scene and the opportunities it presents for both investors and homebuyers alike.
Below is information on the condo sales in Crown Heights over the past 90 days, broken down into three categories, (1) Currently For Sale (2) Currently In Contract and (3) Sold & Closed. For more detailed information about the neighborhood, check out my Crown Heights neighborhood guide.
Currently For Sale
Studios (0 Bedrooms)
Number of Properties: 2
Average Price: $459,000
Avg Time On Market: 261 days
Average Size (ft²): 442
Average $ per ft²: $1,046
1 Bedrooms
Number of Properties: 12
Average Price: $588,333
Avg Time On Market: 94 days
Average Size (ft²): 660
Average $ per ft²: $890
2 Bedrooms
Number of Properties: 16
Average Price: $1,023,562
Avg Time On Market: 54 days
Average Size (ft²): 927
Average $ per ft²: $1,104
3 Bedrooms
Number of Properties: 7
Average Price: $1,428,571
Avg Time On Market: 31 days
Average Size (ft²): 1,249
Average $ per ft²: $1,144
Currently In Contract
Studio (0 Beds)
Number of Properties: 5
Average Price: $469,000
Avg Time On Market: 54.4 days
Average Size (ft²): 541
Average $ per ft²: $836
1 Bedrooms
Number of Properties: 6
Average Price: $617,083
Avg Time On Market: 57 days
Average Size (ft²): 536
Average $ per ft²: $1,031
2 Bedrooms
Number of Properties: 12
Average Price: $783,333
Avg Time On Market: 48.3 days
Average Size (ft²): 881
Average $ per ft²: $863
3 Bedrooms
Number of Properties: 1
Price: $2,000,000
Time On Market: 177 days
Size (ft²): 1,756
$ per ft²: $1,138
Sold & Closed
Studio (0 Beds)
Number of Properties: 7
Avg Closed Price: $502,536
Avg Time On Market: 31 days
Average Size (ft²): 467
Average $ per ft²: $1,006
1 Bedrooms
Number of Properties: 10
Avg Closed Price: $770,221
Avg Time On Market: 70 days
Average Size (ft²): 635
Average $ per ft²: $1,014
2 Bedrooms
Number of Properties: 12
Avg Closed Price: $1,012,167
Avg Time On Market: 54 days
Average Size (ft²): 953
Average $ per ft²: $1,143
3 Bedrooms
Number of Properties: 3
Avg Closed Price: $1,514,167
Avg Time On Market: 46 days
Average Size (ft²): 1,444
Average $ per ft²: $1,105
Interested in Crown Heights Real Estate?
With a strong presence in Crown Heights and a commitment to exceptional service, I have solidified my position as a top Crown Heights real estate agent. As a seasoned real estate professional, I exude professionalism and enthusiasm in every transaction. Whether you are buying or selling in Crown Heights, rest assured that my dedication to delivering a satisfying and successful real estate experience is unwavering. Let's partner together for a rewarding property experience in Crown Heights.
