The below Market Report is for selected areas in Brooklyn, NY: Bedford-Stuyvesant, Brownsville, Bushwick, Canarsie, Crown Heights, Cypress Hills, East Flatbush, East New York, Flatbush, Flatlands, Ocean Hill, Old Mill Basin. This information is gathered from the Brooklyn MLS (it is not inclusive of all properties sold in these areas).
One Family Homes
Median Selling Price - $393,900 an increase of 2.3% from April 2008.
Closed sales - 8 Bank Owned/Short Sales - 2
Days on market - 179
New Active Listings this month - 28
Expired Listings this month - 20 Days on Market - 182
Information gathered from the Brooklyn, NY MLS

The below Market Report is for selected areas in Brooklyn, NY: Bedford-Stuyvesant, Brownsville, Bushwick, Canarsie, Crown Heights, Cypress Hills, East Flatbush, East New York, Flatbush, Flatlands, Ocean Hill, Old Mill Basin. This information is gathered from the Brooklyn MLS (it is not inclusive of all properties sold in these areas).
One Family Homes
Median Selling Price - $323,100 a decrease of 12.5% from March 2008.
Closed sales - 13 Bank Owned/Short Sales - 2
Days on market - 189
New Active Listings this month - 32
Expired Listings this month - 24 Days on Market - 192
Information gathered from the Brooklyn, NY MLS

The below Market Report is for selected areas in Brooklyn, NY: Bedford-Stuyvesant, Brownsville, Bushwick, Canarsie, Crown Heights, Cypress Hills, East Flatbush, East New York, Flatbush, Flatlands, Ocean Hill, Old Mill Basin. This information is gathered from the Brooklyn MLS (it is not inclusive of all properties sold in these areas).
Two Family Homes
Median Selling Price - $380,000 a decrease of 19.4% from February 2008.
Closed sales - 15 Bank Owned/Short Sales - 6
Days on market - 160
New Active Listings this month - 52
Expired Listings this month - 52 Days on Market - 195
Information gathered from the Brooklyn, NY MLS

The below Market Report is for selected areas in Brooklyn, NY: Bedford-Stuyvesant, Brownsville, Bushwick, Canarsie, Crown Heights, Cypress Hills, East Flatbush, East New York, Flatbush, Flatlands, Ocean Hill, Old Mill Basin. This information is gathered from the Brooklyn MLS (it is not inclusive of all properties sold in these areas).
One Family Homes
Median Selling Price - $377,000 a decrease of 14.3% from February 2008.
Closed sales - 11 Bank Owned/Short Sales - 3
Days on market - 156
New Active Listings this month - 25
Expired Listings this month - 28 Days on Market - 181
Information gathered from the Brooklyn, NY MLS

June is "Homeownership Month" and in recognition of this, Tami Bonnell of EXIT Realty Corp International will be hosting two free, live webinars for the general public to address the most frequently asked questions about the real estate market. These webinars will be held at 4:00 p.m. and 7:00 p.m. ET on Wednesday, June 24th.
To Dream the American Dream
The dream is alive and well during Homeownership Month
Is it still reasonable to dream the dream of home ownership? Although the white picket fence comes in many forms nowadays, from condos to co-ops, from townhomes to bungalows, the dream is still a realistic one for American families this June, Homeownership Month.
"It's not just a platitude to say that this is the best time in years to buy real estate," says Tami Bonnell, President of the US Organization of EXIT Realty Corp. International. "The National Association of Homebuilders recently announced that housing affordability has jumped to its highest point in the past 18 years and the National Association of REALTORS reported that existing home sales rose in April."
Industry insiders know this is good news but it has left consumers with many questions. In order to address those questions, Ms Bonnell will be holding two free, half-hour webinars for the general public on Wednesday, June 24th at 4:00 p.m. and 7:00 p.m. ET. There will be an opportunity for attendees to ask questions during the sessions. Now anyone can ask an objective, experienced real estate executive for the real scoop - and get a straight answer. This is a must-attend event for anyone who is thinking of buying or selling real estate or wondering about where the market is going.
To participate, visit www.exitrealty.com and click on either the 4:00 link or 7:00 link to register. You will need an internet connection and speakers to participate.

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