‘Twas the week after Christmas, and Brooklyn’s luxury market settled in for a winter’s nap.
Just four homes asking $2 million or more — two condos and two townhouses — went into contract in the borough, according to Compass’ weekly report.
The most expensive home that entered contract was 224 Withers Street in Williamsburg, with an asking price of $3.9 million. The townhouse, built in 2003, spans 4,750 square feet and has eight bedrooms and six full bathrooms.
The 25-foot-wide home has a red brick facade, two gated parking spots and a fenced backyard patio.
The listing broker was Serhant’s Jordan March.
Read more
A penthouse unit at 101 Douglass Street in Boerum Hill was the second most expensive home to enter contract last week, asking just under $2.3 million. The 1,300-square-foot condo has three bedrooms and two bathrooms.
It has double-height living and dining spaces, walnut hardwood floors and a modern, open kitchen. It also has a private outdoor terrace, along with access to the building’s communal roof deck.
The listing broker was Corcoran’s Behzad Amiri.
The four homes that entered contract last week combined for $10.6 million in total volume. The average asking price was $2.6 million and the median asking price was $2.2 million. The average price per square foot was $1,349. The typical home spent 154 days on the market and sold at a 7 percent discount.
The disparity between last week’s market and the market of Christmas week 2021 reflects how the market has changed over the past year. A year ago last week, the most expensive home to enter contract asked $8 million, and the 16 signed contracts that week totaled $50 million in volume.