There were 24 contracts signed in the Brooklyn luxury market last week, split between seven condos and 17 houses.
The properties went into contract for an average price of about $3.1 million and spent an average of 113 days on the market, according to the latest report from Stribling & Associates, which tracks deals $2 million and above.
The total sales volume for deals between May 21 and May 27 was roughly $75.4 million. That’s down from the prior week, which was Brooklyn’s busiest of the year with 30 contracts worth about $89 million.
The top contract last week was for a condo at Fortis Property Group’s 100 Amity Street in Cobble Hill, which went for $6.7 million. The duplex, which is part of the former Long Island College Hospital redevelopment, contains five bedrooms and 4.5 bathrooms.
The second priciest deal was for a condo at Toll Brothers’ 205 Water Street in Dumbo, which was just under $5.4 million. The developers combined two apartments to create a four-bedroom unit with almost 3,000 square feet of private roof space.
Other notable deals from last week included a $4.7 million house at 39 South Portland Avenue in Fort Greene and a $4.2 million house at 307 State Street in Downtown Brooklyn. – Eddie Small