Brownstone Brooklyn Home Prices Mimic Manhattan; Average Home Price Over $1.1 M.

Despite seeing the sharpest price declines in the borough, brownstone Brooklyn remained markedly more expensive than even the trendy neighborhoods to the north, according to a second-quarter sales report released Thursday by Prudential Douglas Elliman and Miller Samuel (PDF). In fact, that area of the borough retains a striking similarity to Manhattan’s housing prices.

In northwest Brooklyn, including Park Slope, Carroll Gardens, and Downtown, the average home sold for $674,063, a 17.9 percent annual...

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