the corcoran report · per sf. q1 2010 q4 2009. q1 2010 change. q1 2008 616k-2% 631k. 545k +3%....

A comprehensive analysis of the residential real estate market in Brooklyn.

In collaboration with

the corcoran report1st QUARTER 2010

www.corcoran.com/thecorcoranreport


www.propertyshark.com/maps


1st QUARTER 2010

the corcoran report

Welcome to the Corcoran Report, our quarterly examination of Brooklyn’s residential real estate market. With help from Property

Shark, we have included comprehensive information on the entire borough. This report utilizes data based on deals that closed in

the First Quarter of 2010 (January 1st through March 31st) and compares it to that of the Fourth Quarter 2009 and the First Quarter

2009. The sales activity illustrated in the report trails actual market conditions by approximately eight to twelve weeks due to the

typical lag time between a closing and its reporting in the public record.

Price metrics improved this quarter. Compared to Fourth Quarter 2009, the median price of market wide sales increased 9%, to

$470,000 while average price per square foot rose 3%, to $607. These gains were largely fueled by the resale market as new

development pricing declined this quarter, decreasing 5% in median price and 3% in average price per square foot versus Fourth

Quarter 2009. Brooklyn saw an uptick in the high-end market, as the number of $1 million-plus sales increased versus a year ago.

Townhouse results varied depending on single or multi-family property. Single-family townhouses decreased 35% in median price

from last quarter whereas multi-family townhouses increased 29%.

We hope you will find this edition of the Corcoran Report useful and informative, and we welcome any questions you may have

regarding it. View all our current market reports for the most comprehensive analysis of Manhattan, Brooklyn, Long Island’s East

End and South Florida at www.corcoran.com/thecorcoranreport.

Sincerely,

Frank Percesepe Senior Regional Vice President, Brooklyn

Brooklyn Q1 Report

Compared to the Fourth Quarter 2009, median price and average price per square foot increased 9% and 3%, respectively. The price declines experienced during 2009 have begun to subside as confidence in the local housing market and overall economic conditions improve. Resale activity accounted for 57% of sales this quarter, compared to 67% a year ago.

Market Wide

All Apartments

The following members of the The Corcoran Group made significant contributions to this report:

Bill Begert I William Goldstein I Douglas LaMere I Ryan Schleis I Kirsten Spanjer

The following members of the PropertyShark team made significant contributions to this report:

Ioana Falcusan I Paula Flonta I Tudor Manole I Calin Onet I Mihai Palermo

All

Sal

es

Average Sale Price Median Price Average Price Per Square Foot

Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009

527K

+5%

500K

470K

+9%

430K

607

+3%

591

527K

-3%

542K

470K

+9%

431K

607

-4%

634



1st QUARTER 2010

the corcoran reportZone 1BushwickWilliamsburgGreenpointPage 6

Zone 2Brooklyn HeightsBoerum HillCarroll GardensCobble HillDUMBOVinegar HillRed HookGowanusPage 7

Zone 5FlatbushMidwoodGreenwoodSunset ParkBorough ParkPage 10

Zone 6Bay RidgeBensonhurstBath BeachDyker HeightsFort HamiltonGravesendPage 11

Zone 7Mill BasinBergen BeachMarine ParkSheepshead BayManhattan BeachSea Gate

Gerritsen BeachHomecrestBrighton BeachWest BrightonFloyd BennettConey IslandPage 12

Interactive map online at

propertyshark.com/maps

The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC. All material presented herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice.

Average unit sales per square foot (SF):

Above $2,500 SF $2,000 - $2,500 SF $1,500 - $2,000 SF $1,250 - $1,500 SF $1,000 - $1,250 SF $750 - $1,000 SF $500 - $750 SF Below $500 SF No SF Available

View all our current market reports for the most comprehensive analysis of Manhattan,

Brooklyn, Hamptons and South Florida atwww.corcoran.com/thecorcoranreport

PropertyShark.com’s map of Brooklyn plots buildings with sales in First Quarter according to their numbers

of sales and average price per square foot.

Zone 8Farragut

East FlatbushCypress Hill

East New YorkFlatlands

Highland ParkCity Line

PaedergatStarrett CitySpring Creek

New Lots CanarsiePage 13

Zone 4Park SlopeKensington

Windsor TerraceProspect Park South

Ditmas ParkPage 9

Zone 3Fort GreeneClinton Hill

Prospect HeightsLefferts Gardens

Bed StuyCrown Heights

Ocean HillWeeksville

Page 8

Number of unit sales per building:

Above 20 Units 10 to 20 Units 3 to 9 Units 1 to 2 Units


www.propertyshark.com/maps


1st QUARTER 2010

the corcoran report 4

Resale Market WideMarket wide resale price metrics were strong this quarter. Median price increased 17% and average price per square foot increased 11% versus First Quarter 2009. Versus Fourth Quarter 2009, median price increased 2% while average price per square foot rose 9%. In the resale co-op market, a higher percentage of large residences traded, as median price increased 24% while average price per square foot increased 12% versus First Quarter 2009. Resale condos, however, decreased 8% in median price but increased 13% in average price per square foot from a year ago, with a higher percentage of smaller residences trading. Versus Fourth Quarter 2009, resale condo median price increased 3% while average price per square foot increased 5%.

All

Res

ales


Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009

459K

+9%

422K

349K

+2%

343K

601

+9%

550

459K

+13%

406K

349K

+17%

299K

601

+11%

541

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2008

411K

+16%

354K

310K

+2%

303K

571

+11%

513

411K

+26%

327K

310K

+24%

249K

571

+12%

511

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2008

616K

-2%

631K

545K

+3%

530K

641

+5%

608

616K

-7%

661K

545K

-8%

590K

641

+13%

556

1Q ‘09 Zone Sales Comparison 4Q ‘09 Zone Sales Comparison 1Q ‘10 Zone Sales Comparison

Zo

ne 1

, 10%

Zone 2, 1

2%

Zone 3, 18%

Zone 4, 21%

Zone 5, 8%

Zone 6, 8%

Zone 7, 13%

Zo

ne 8

, 9%

Zo

ne 1

, 12%

Zone 2, 23%

Zone 3

, 17%

Zone 4,

20%

Zone 5, 7%

Zone 6, 8%

Zone 7

, 8%

Zo

ne 8

, 5%

Zo

ne 1

, 11%

Zone 2, 28%

Zo

ne 3

, 19%

Zone 4, 20%

Zone 5, 6%

Zone 6, 4%

Zone 7

, 6%

Zo

ne 8

, 5%

Zo

ne 1

, 10%

Zone 2, 1

2%

Zone 3, 18%

Zone 4, 21%

Zone 5, 8%

Zone 6, 8%

Zone 7, 13%

Zo

ne 8

, 9%

Zo

ne 1

, 12%

Zone 2, 23%

Zone 3

, 17%

Zone 4,

20%

Zone 5, 7%

Zone 6, 8%

Zone 7

, 8%

Zo

ne 8

, 5%

Zo

ne 1

, 11%

Zone 2, 28%

Zo

ne 3

, 19%

Zone 4, 20%

Zone 5, 6%

Zone 6, 4%

Zone 7

, 6%

Zo

ne 8

, 5%

Zo

ne 1

, 10%

Zone 2, 1

2%

Zone 3, 18%

Zone 4, 21%

Zone 5, 8%

Zone 6, 8%

Zone 7, 13%

Zo

ne 8

, 9%

Zo

ne 1

, 12%

Zone 2, 23%

Zone 3

, 17%

Zone 4,

20%

Zone 5, 7%

Zone 6, 8%

Zone 7

, 8%

Zo

ne 8

, 5%

Zo

ne 1

, 11%

Zone 2, 28%

Zo

ne 3

, 19%

Zone 4, 20%

Zone 5, 6%

Zone 6, 4%

Zone 7

, 6%

Zo

ne 8

, 5%

During First Quarter 2010, Zone 2 accounted for the highest percentage of sales borough-wide, at 28%. Market-share in Zone 2 increased to 28% this quarter due to closings at new developments such as One Brooklyn Bridge Park. In First Quarter 2009, Zone 2 accrued 12% market-share. Market-share in Zone 3 increased to 19% due to closings at new developments such as Toren and Forte.

*Numbers may not add up to 100 due to rounding.


1st QUARTER 2010


Townhouses Market WideSingle-family townhouses decreased in median price year-over-year and quarter-over-quarter while multi-family townhouses increased in median price over both time periods. Single-family townhouses decreased 8% in median price versus a year ago and 35% from Fourth Quarter 2009. Multi-family townhouses, however, increased 72% in median price from a year ago and 29% from last quarter, to $1.27 million.

New development sales in Brooklyn continue to see price corrections, decreasing 11% median price and 14% in average price per square foot from First Quarter 2009, to $554,000 and $611, respectively. From Fourth Quarter 2009, median price declined 5% while average price per square foot decreased 3%.

Properties under $500,000 accounted for 59% of sales this quarter compared to 61% during Fourth Quarter 2009 and 65% in First Quarter 2009. While 5% of closings this quarter were over $1 million, similar to Fourth Quarter 2009, there was an uptick in sales over $2 million.

New Development Market Wide

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009

1 Family 2-4 Family Average Price Median Average Price Median

1.238M

-4%

1.295M

995K

-35%

1.468M

1.325M

+17%

1.137M

1.268M

+29%

982K

1.238M

-24%

1.638M

995K

-8%

1.040M

1.325M

+25%

1.061M

1.268M

+72%

735K

Mar

ket

Wid

e


Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009

617K

-6%

658K

554K

-5%

585K

611

-3%

629

617K

-25%

827K

554K

-11%

619K

611

-14%

712

Sales by Price Category

37% 24% 23% 11% 5%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

1Q09

4Q09

1Q10

Qu

art

er

Percent of Sales

$0K-$350K $350K-$500K $500K-$750K $750K-$1M $1M-$2M $2M+

40% 25% 23% 8%3%

37% 22% 26% 10% 4%

1%

1%

37% 24% 23% 11% 5%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

1Q09

4Q09

1Q10

Qu

art

er

Percent of Sales

$0K-$350K $350K-$500K $500K-$750K $750K-$1M $1M-$2M $2M+

40% 25% 23% 8%3%

37% 22% 26% 10% 4%

1%

1%


1st QUARTER 2010


Zone 1 Market WideBushwick Williamsburg Greenpoint

Zone 1 experienced declines in condo median price while average price per square foot remained relatively flat. Condo median price declined 6% from First Quarter 2009 and 10% from Fourth Quarter 2009, primarily due to a large number of one-bedroom sales. There was no co-op or townhouse activity in Zone 1 during First Quarter 2010.

FLUSHING AVE

BROADWAY

CYPRESS AVE

WYCKOFF AVE

Eas

t R

ive

r

QueensNewton Creek

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

995K

N/A

N/A

N/A

N/A

N/A

780K

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Interactive map online at PropertyShark.com/maps

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

567K

-10%

632K

538K

-10%

594K

637

-1%

645

567K

-1%

572K

538K

-6%

572K

637

+1%

629

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

N/A

N/A

256K

N/A

N/A

297K

N/A

N/A

467

N/A

N/A

300K

N/A

N/A

N/A

N/A

N/A

N/A






www.PropertyShark.com/maps


1st QUARTER 2010


Zone 2 Market WideBrooklyn Heights Boerum Hill Carroll Gardens Cobble Hill DUMBO Vinegar Hill Red Hook Gowanus

FLUSHING AVEFLA

TB

US

H A

VE

East R

iver

4th

Ave

Manhattan

GovernorsIsland

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

704K

-11%

789K

594K

-12%

675K

622

-9%

687

704K

-30%

1.010M

594K

-21%

750K

622

-16%

738

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

631K

+23%

511K

538K

+26%

428K

644

+8%

594

631K

+27%

496K

538K

+19%

450K

644

+5%

615

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


2.256M

+78%

1.265M

2.175M

+72%

1.265M

1.622M

-1%

1.682M

1.650M

+7%

1.548M

2.256M

-16%

2.694M

2.175M

-1%

2.200M

1.622M

-7%

1.793M

1.650M

-22%

2.113M


Co-ops in Zone 2 performed well this quarter. Co-op median price increased 26% from Fourth Quarter 2009 and 19% from a year ago. Average price per square foot increased 8% over last quarter and 5% over last year. Condos in Zone 2 fared worse, however. Median price declined 12% from a quarter ago and 21% from a year ago. Average price per square foot fell 9% from Fourth Quarter 2009 and 16% from First Quarter 2009. Single-family townhouse median price increased 72% from last quarter while multi-family townhouses increased 7%. Versus a year ago, single-family townhouse sales were 1% lower in median price while multi-family townhouses declined 22%.








1st QUARTER 2010


Zone 3 Market WideFort Greene Clinton Hill Prospect Heights Lefferts Gardens Bed Stuy Crown Heights Ocean Hill Weeksville

PARKSIDE AVE

NO

ST

RA

ND

AV

E

EMPIRE BLVD

FLUSHING AVE

ProspectPark

FLATBU

SH AV

E

BROADWAY

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

378K

-2%

387K

327K

-11%

369K

525

+9%

482

378K

+5%

359K

327K

+17%

280K

525

+10%

476

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


747K

-53%

1.575M

710K

N/A

N/A

1.227M

+30%

947K

1.065M

+31%

810K

747K

-57%

1.729M

710K

-61%

1.838M

1.227M

+45%

845K

1.065M

+53%

697K

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

521K

-12%

592K

523K

-2%

535K

554

0%

556

521K

-43%

919K

523K

-21%

660K

554

-23%

719

Co-op median price increased 17% in median price and 10% in average price per square foot versus First Quarter 2009. Over last quarter, median price decreased 11% while average price per square foot increased 9%. Condo price metrics remained flat over last quarter but median price and average price per square foot were down year-over-year by 21% and 23%, respectively. This is due to a high number of closings at Forte Condominium. Single-family townhouses decreased 61% in median price from a year ago while multi-family townhouses increased in median price by 31% versus last quarter, and by 53% versus First Quarter 2009.









1st QUARTER 2010


Zone 4 Market WidePark Slope Kensington Windsor Terrace Prospect Park South Ditmas Park

Zone 4 co-ops decreased in price across the board. Median price decreased 22% and 11% versus First Quarter 2009 and Fourth Quarter 2009, respectively. Average price per square foot declined more modestly by 3% from a year ago and by 2% from last quarter. Condos decreased 13% in median price and 11% in average price per square foot from a year ago. Versus Fourth Quarter 2009, median price decreased 5% while average price per square foot decreased 7%. Single-family townhouses increased 19% in median price from a year ago but decreased 27% from Fourth Quarter 2009. Multi-family townhouses decreased 22% in median price from last quarter and 12% from a year ago.

FOSTER AVE

MC

DO

NA

LD

AV

E

WA

SH

ING

TO

N A

VEO

CE

AN

AV

E

FLATBU

SH AV

E

PROSPECT AVE

4TH

AV

E

EASTERN PKWY

PARKSIDE AVE

ProspectPark

GreenwoodCemetery N

OS

TR

AN

D A

VE

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

592K

-7%

635K

558K

-5%

585K

547

-7%

590

592K

-13%

683K

558K

-13%

645K

547

-11%

612

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

422K

-3%

433K

355K

-11%

399K

510

-2%

519

422K

-4%

438K

355K

-22%

455K

510

-3%

524

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


1.060M

-39%

1.735M

1.163M

-27%

1.600M

1.247M

-13%

1.437M

1.095M

-22%

1.400M

1.060M

-16%

1.269M

1.163M

+19%

974K

1.247M

+1%

1.234M

1.095M

-12%

1.250M









1st QUARTER 2010


Zone 5 Market WideFlatbush Midwood Greenwood Sunset Park Borough Park

GreenwoodCemetery

Upper

Bay

MC

DO

NA

LD

AV

E

PROSPECT AVE

65TH ST

FOSTER AVE

KINGS HWY

AVENUE P

OC

EA

N

PK

WY

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

393K

+12%

352K

395K

+6%

373K

423

-6%

449

393K

+18%

334K

395K

+20%

330K

423

-10%

471

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

228K

+3%

221K

193K

-6%

205K

282

-16%

335

228K

+13%

201K

193K

-4%

200K

282

0%

281

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


905K

-43%

1.600M

852K

N/A

N/A

N/A

N/A

838K

N/A

N/A

810K

905K

+6%

850K

852K

N/A

N/A

N/A

N/A

810K

N/A

N/A

875K


Co-op median price decreased 4% while average price per square foot held flat versus a year ago. Median price declined 6% as average price per square foot declined 16% from last quarter. Condo median price increased by 20% from a year ago as price per square foot decreased 10%, as the few sales were two-bedroom residences. Versus Fourth Quarter 2009, condo median price increased 6% while average price per square foot decreased 6%.








1st QUARTER 2010


Zone 6 Market WideBay Ridge Bensonhurst Bath Beach Dyker Heights Fort Hamilton Gravesend

Co-op median price saw no change but average price per square foot increased 57% from First Quarter 2009, due to a different percentage of neighborhood sales within the Zone. Versus Fourth Quarter 2009, however, average price per square foot decreased 23%, while medium price decreased 5%. This price per square foot decline can be attributed to smaller one-bedrooms trading. The condo market experienced price gains. Median price increased 24% and average price per square foot increased 51% from last year, albeit with much fewer transactions. Versus last quarter, condo median price increased 12% and average price per square foot increased 21%. Multi-family townhouse median price increased 25% from First Quarter 2009.

Gravesend Bay

65TH ST

AVENUE P

SHORE PKWY

OC

EA

N P

KW

Y

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

505K

+31%

386K

408K

+12%

365K

476

+21%

394

505K

+57%

322K

408K

+24%

328K

476

+51%

316

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

255K

+10%

231K

205K

-5%

215K

303

-23%

394

255K

+22%

209K

205K

0%

205K

303

+57%

193

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


N/A

N/A

1.100M

N/A

N/A

N/A

743K

N/A

N/A

743K

N/A

N/A

N/A

N/A

690K

N/A

N/A

N/A

743K

+25%

593K

743K

+25%

593K









1st QUARTER 2010


Zone 7 Market WideMill Basin Bergen Beach Marine Park Sheepshead Bay Manhattan Beach Sea Gate Gerritsen Beach

Homecrest Brighton Beach West Brighton Floyd Bennett Coney Island

The co-op market in Zone 7 experienced price gains from a year ago. Median price increased 8% and average price per square foot increased 41%. Versus last quarter, median price remained flat at $205,000 as average price per square foot inched up by 2%. There were few condo sales in Zone 7 this quarter. Condos decreased 15% in median price and 5% in average price per square foot from a year ago, while median price increased 22% from last quarter.

FLATBUSH AVE

66TH ST

KINGS HWYAVENUE U

AVENUE N

Floyd BennettField

Marine Park

Gravesend Bay

Lower Bay

Gateway National

Recreation Area

SHORE PKWY

SURF AVE

OC

EA

N P

KW

Y

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


N/A

N/A

446K

N/A

N/A

450K

1.190M

+119%

543M

N/A

N/A

543K

N/A

N/A

N/A

N/A

N/A

N/A

1.190M

N/A

N/A

N/A

N/A

N/A


Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

537K

+2%

525K

520K

+22%

426K

523

N/A

N/A

537K

-25%

714K

520K

-15%

610K

523

-5%

548

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

225K

+3%

219K

205K

0%

205K

266

+2%

260

225K

+17%

193K

205K

+8%

190K

266

+41%

188








1st QUARTER 2010


Zone 8 Market WideFarragut East Flatbush Cypress Hill East New York Flatlands Highland Park City Line Paedergat

Starrett City Spring Creek New Lots Canarsie

Co-ops in Zone 8 had a large decline in average price per square foot from a year ago. Median price and average price per square foot decreased 18% and 28%, respectively. Versus last quarter, median price decreased 8% while average price per square foot decreased 19%. There were few condo sales in Zone 8 this quarter. Condos decreased 30% in median price from a year and a quarter ago.

E NEW YORK AVE

JAMAICA AVE

HIGHLAND B

LVD

EMPIRE BLVD

NO

ST

RA

ND

AV

EE

31S

T S

T

FLATBUSH AVE

PAERDEGAT

AVE N

AVENUE U

Canarsie Beach Park

Cemetery of

The Holy Cross

Gat

eway

Nat

ion

al

Re

crea

tio

n A

rea

Tow

nh

ou

ses Q1 2010

Change

Q4 2009

Q1 2010

Change

Q1 2009


725K

+63%

446K

N/A

N/A

450K

N/A

N/A

N/A

N/A

N/A

N/A

725K

-15%

850K

N/A

N/A

N/A

N/A

N/A

792K

N/A

N/A

792K

Co

nd

os

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

195K

-41%

332K

200K

-30%

285K

N/A

N/A

499

195K

-40%

326K

200K

-30%

285K

N/A

N/A

384

Co

-op

s

AverageSale Price

MedianPrice

Avg Priceper sf

Q1 ‘10

Change

Q4 ‘09

Q1 ‘10

Change

Q1 ‘09

190K

-9%

209K

165K

-8%

179K

176

-19%

217

190K

-1%

191K

165K

-18%

200K

176

-28%

243









the corcoran report · per sf. q1 2010 q4 2009. q1 2010 change. q1 2008 616k-2% 631k. 545k +3%....

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