April 2024 Real Estate Report: Changes and Trends in Brooklyn's Districts 13 and 15

In April 2024, Districts 13 and 15 of Brooklyn's real estate market saw changes, despite varying interest rates. The market's stability was due to economic factors, low inventory, and steady demand for city living. Inventory in both districts remained the same as the previous year. District 13 had 185 active listings and 118 contracts signed, similar to last year. District 15 had slightly more with 195 active listings and 136 contracts signed.

The article analyzes real estate trends in these districts, using line graphs to show trends in specific neighborhoods and across districts. The graphs include properties currently on the market, under contract, and sold.

The monthly report discusses trends in condo, coop, and townhouse sales in Districts 13 and 15, and neighborhoods within these school districts, like Brooklyn Heights, DUMBO, Boerum Hill, Cobble Hill, and Park Slope. The data is categorized by the status of properties, including those for sale, in the sale process, and off the market.

The report also includes information on exclusive listings not available on other real estate websites. It also tracks properties that did not sell and have been removed from the market, providing a complete view of supply and demand in these districts.

The article ends by encouraging readers to return on the 5th of each month for updates. The Riolo Property Team at Compass offers more detailed reports and property collections, with free access to all listings for Compass account holders.

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