Property Shark has released his annual listing of the most expensive neighborhoods in New York with medium sale prices in 2018. DUMBO is ranked at #5 in 2018 (versus #6 in 2017), Boerum Hill at #7 in 2018 (versus #8 in 2017). DUMBO saw a mild 5% dip in prices, while Boerum Hill stagnated (0% change).
With a median price of $1,880,000, DUMBO is Brooklyn’s #1 most expensive neighborhood.
Currently Brooklyn’s 2nd priciest neighborhood, Boerum Hill ranks as New York’s #7 most expensive neighborhood. It closes 2018 with a $1,625,000 median sale price.