HEAT ALERT

Air Quality Alert issued for NYC, Heat Advisory in effect through Wednesday evening. Stay safe.

Canarsie home prices see highest jump in Brooklyn

Home prices in Canarsie are increasing faster than in any other neighborhood in Brooklyn, according to a recent study. The study by HMS Associates found Canarsie home prices shot up nearly 18 percent

News 12 Staff

Mar 5, 2007, 8:02 PM

Updated 6,721 days ago

Share:

Home prices in Canarsie are increasing faster than in any other neighborhood in Brooklyn, according to a recent study.
The study by HMS Associates found Canarsie home prices shot up nearly 18 percent in 2006 compared to 8 percent throughout the borough. The average price for a home in the neighborhood is more than $500,000. Brooklyn Heights came in second.
Canarsie homeowners say safety, convenience and tree-lined streets attracted them to the area. Some residents say they worry those assets will keep people coming to the neighborhood, causing Canarsie to feel more like suburbia.