Greenpoint Landing having a party…without us. Photo: Kim Masson

To absolutely no one’s surprise, 2015 was the year real estate hit an all-time high in Greenpoint, but we’ve got some data to back that up.

Via PropertyShark

At $950,000, this year’s median home price was up 27.1% over 2014, which had clocked in at a modest $747,500, according to PropertyShark.

Things, it seems, escalated quickly. At a glance, it seems as though the real estate boom in Greenpoint took off in 2012 after several years of relatively flat activity. Between 2005 and 2012, the median sale price hovered between $470,000 and $547,250, but those days appear to be long gone.

Via PropertyShark

Also unsurprisingly, the actual number of home sales has mostly been declining since 2011. This year saw 83 sales go down compared to 207 just four years ago. Turns out not that many people can afford sparkly condos, but the luxury market is still on the up and up, with a record 27 luxury sales in 2015 representing a considerable increase over 2011, when just 3 buildings sold were considered luxury properties.

Via PropertyShark

Brooklyn’s borough-wide median home sale price also peaked in 2015 at $560,038, with DUMBO taking the cake at a median home price of $1.4 million. Greenpoint probably made its debut in the top 10 most expensive neighborhoods, currently sitting at number 7.


It might be small consolation that the median home price is still in six-figure territory. Just give it until next year.

Leave a comment

Your email address will not be published. Required fields are marked *