×

TYPE IN YOUR SEARCH AND PRESS ENTER

Loading...
Things To Do

This Map Shows The Crazy Explosion Of Million Dollar Homes In Brooklyn

Rob Grams Rob Grams

This Map Shows The Crazy Explosion Of Million Dollar Homes In Brooklyn

As times go by million-dollar homes are slowly becoming commonplace in cities across the US. According to the real-estate site Trulia, the share of million dollar homes has doubled since 2012.  At the top of the list, 57% of homes in San Francisco and San Jose with 46% of seven-figure homes, and at eighth place on the list is our own beloved NYC.

New York City moved from 7% in May 2012 to 12% this May. The surprising thing is the explosion of million-dollar homes in certain neighborhoods, particularly in Brooklyn. Brooklyn has seen a a crazy explosion in seven-figure-homes over the past four years.

Bedford Stuyvesant, in north central Brooklyn, moved from 1.7 percent of homes valued at $1 million to 56.5 percent in 2016, more than a 3,000% increase. Greenpoint, increased from 8.4 percent in 2012 to 56.7 percent in 2016. Bushwick went from 1.0% to 46.8%. You’ll find it easier to visualize the growth of million-dollar homes in the New York metro area over the past four years with this map from Trulia:

ezgif.com-resize

Featured image source [Trulia]