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10 areas of New York, where there has been a cosmic rise in property prices

'13.02.2020'

Source: businessinsider.com

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A recent StreetEasy listing listing platform report showed 10 areas of New York City where property prices rose the most between 2010 and 2019. This publication writes Business Insider.

Illustration: Depositphotos

The New York City real estate market has grown over the past decade. In fact, in November 2019, the city's median registered selling price reached just below $ 670 - 000% higher than the median 49 registered selling price of $ 2010.

A recent StreetEasy listing listing platform report showed 10 areas of New York City where the median of registered prices rose the most between 2010 and 2019. This increase ranges from just over 100% to over 200%.

Eight blocks from the list are located in Brooklyn, which is not surprising given the popularity of the area: here the price tags have grown astronomically since the 1940s, the newspaper writes.

The only two non-Brooklyn districts on the list are the Lower East Side, where the average registered selling price increased by 168%, and Gramersi Park, where 109% growth was recorded.

So here 10 districts of New York, where over the past 10 years, housing prices have grown the most:

  1. Williamsburg From 2010 to 2019, the median of the record selling price in Williamsburg grew by 107%.
  • Median recorded sale price in 2010: $ 834.
  • Median fixed sale price in 2019: $ 2
  1. Gramercy Park. From 2010 to 2019, the median of the fixed selling price in Gramercy Park increased by 109%.
  • Median of fixed sale price in 2010: $ 694
  • Median fixed sale price in 2019: $ 1
  1. Prospect Heights. From 2010 to 2019, the median fixed selling price in Prospect Heights increased by 110%.
  • Median recorded sale price in 2010: $ 535.
  • Median fixed sale price in 2019: $ 1
  1. Carroll Gardens. From 2010 to 2019, the median fixed selling price at Carroll Gardens increased by 115%.
  • Median recorded sale price in 2010: $ 715.
  • Median fixed sale price in 2019: $ 1
  1. Fort green. From 2010 to 2019, the median of the fixed selling price in Fort Green increased by 118%.
  • Median recorded sale price in 2010: $ 574.
  • Median fixed sale price in 2019: $ 1
  1. Prospect Lefferts Gardens. From 2010 to 2019, the median of the fixed selling price on Lefferts Gardens Avenue increased by 132%.
  • Median recorded sale price in 2010: $ 373.
  • 2019 Median Fixed Sales Price: $ 865
  1. Bedford Styvesant. From 2010 to 2019, the median fixed selling price in Bedford Styvesant increased by 159%.
  • Median recorded sale price in 2010: $ 363.
  • Median recorded sale price in 2019: $ 938.
  1. Lower East Side. From 2010 to 2019, the median fixed selling price on the Lower East Side increased by 168%.
  • Median recorded sale price in 2010: $ 521.
  • Median fixed sale price in 2019: $ 1
  1. Green point. From 2010 to 2019, the median of the fixed selling price at Greenpoint increased by 192%.
  • Median recorded sale price in 2010: $ 539.
  • Median of fixed sale price in 2019: $ 1
  1. Cobble hill. From 2010 to 2019, the median fixed selling price in Cobble Hill increased by 211%.
  • Median recorded sale price in 2010: $ 834.
  • Median fixed sale price in 2019: $ 2
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