10 New York City Districts Expecting 2020 Property Boom
Subscribe to ForumDaily NewYork on Google NewsHere are 10 areas that will be in special demand in New York's real estate market in 2020 year. About this with reference to the report Streeteasy, which provides an overview of this market in the city, reports the publication New York Post.
To determine in which areas of New York real estate boom is expected, experts used indicators such as: rising sale prices and rents, the number of people who were looking for housing on the StreetEasy website, and the number of new buildings in these areas to be commissioned commissioned next year.
Williamsburg, Brooklyn
The average rent in the area is $ 3200, which is 7% more than last year. The average selling price is $ 1,3 million, which is 2% higher than last year. Searches in this neighborhood on the StreetEasy ad site that conducted the study increased by 48% over the previous year. Currently, the 41 new building in this part of New York is under construction.
Clinton Hill, Brooklyn.
The average rent in this area of the city is $ 3,000, which is 10% more than last year. The average selling price is $ 980,000, which is 9% higher than last year. Compared to the previous year, the number of housing searches in this area increased by 21%. Currently, 13 new buildings are under construction here.
Jamaica, Queens
In this area of the city, the average rent is $ 2170, which is 5% more than last year. The average selling price is $ 649, which is 000% higher than last year's price. Compared to the previous year, the number of housing searches in the area increased by 10%. Nine new buildings are currently under construction here.
Midwood, Brooklyn
The average rent is $ 1895, which is 6% more than last year. The average selling price is $ 758 999, which is 3% higher than last year. Compared to the previous year, the number of searches in the area has increased by 28%, and 18 new buildings are currently under construction.
Highbridge, Bronx
The average rent is $ 1850, which is 3% more than last year. The average selling price is $ 180 000, which is 8% higher than last year's price. Compared to the previous year, the number of housing searches in this area increased by 55%. Currently, seven new buildings are being built here.
East Flatbusch, Brooklyn
The average rent in this area of the city is $ 2115, a 1% increase over last year. The average selling price is $ 645, which is 000% higher than last year's price. Compared to the previous year, searches in the area have increased by 8% and 58 new buildings are currently under construction.
Prospect Lefferts Gardens, Brooklyn
The average rent is $ 2,350, which is 4% more than last year. The average selling price is $ 1,3 million, which is 13% more than a year earlier. Compared with the previous year, the number of people interested in buying or renting housing in this area increased by 23%. Also now nine new buildings are being built here.
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Glendale, Queens
The average rent in the Glendale area of Queens is $ 2.125, up 6% from last year. The average selling price is $ 829, which is 999% more than last year. Compared to the previous year, the number of home views in this area increased by 5%. One new building is currently under construction.
Little Italy, Manhattan
The average rent in this part of the city is $ 3300 dollars, which is 10% more than last year. The average selling price is $ 2,99 million, which is 66% higher than last year's price. Compared to the previous year, the number of people who are interested in housing in this area increased by 24%. However, no new buildings are being built here.
Crown Heights, Brooklyn
The average rent is $ 2,499 - 4% more than last year. The average selling price is $ 1,07 million, which is 2% more than last year. Compared to the previous year, the number of requests for housing in the area increased by 21%. Currently, 12 new buildings are under construction.