Brooklyn
Queens
| Metric | Bay Ridge | Elmhurst |
|---|---|---|
| Median Sale Price | $580,000 | $425,000 |
| Median Condo Price | $253,500 | $555,000 |
| Median Co-op Price | $360,000 | $335,000 |
| Median Rent | $2,500 | $2,625 |
| Active Listings | 197 | 83 |
| Rental Inventory | 179 | 108 |
| Days on Market | 103.5 | 142.5 |
| Price Cut Share | 11.7% | 9.6% |
| Monthly Sales Volume | 23 | 15 |
| YoY Price Change | +4.2% | -1.7% |
| YoY Rent Change | +6.4% | +19.3% |
| YoY Inventory Change | +10.1% | +36.1% |
| Subway Lines | N/A | N/A |
Bay Ridge is a historic neighborhood in Southwest Brooklyn, known for its stunning views of the Verrazzano-Narrows Bridge and the New York Harbor. The area offers a vibrant lifestyle with the bustling commercial corridors of 3rd and 5th Avenues. The real estate market is a sophisticated blend of grand historic row houses, elegant pre-war cooperatives, and modern condominiums, all within a neighborhood famous for its parks and waterfront promenade.
View Full Market ReportElmhurst is a dynamic and bustling neighborhood in the heart of Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
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