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Brooklyn and Queens' Lower Cost to Entry Drives Surge in Housing Prices
Ellen Qian, Managing Director at One Realty Global The New York City housing market remains hot, with Brooklyn in particular showing impressive gains. The borough posted median and average apartment prices of $840,056 and just under $1.1 million, according to data from real estate firm Brown Harris Stevens. Both were record highs and were up six percent from 2024. Queens also posted a solid performance, with average apartment prices slightly above 2024 levels at $511,007 and
2 days ago
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