Brooklyn co-op and condo median sales price hits record high of $990,000

… and higher inventory meant it took 20 percent longer for sellers to offload their apartments or about 42 months … for multiple quarters by discouraging both buyers and sellerswho are sitting on rates in around 3 and 4 percent and reluctant to sell if it means borrowing in the 7 percent range  Sales …

By Celia Young |July 11, 2024 - 1:30PM