Brooklyn housing prices continued to rise in
the final quarter of 2014 and in the process set
records for annual median sales price and annual
average sales price of $570,220 and $739,610
respectively. For the fourth quarter, median sales
price increased 2.6% to $585,000, the second
highest level after the prior quarter record of
$587,515. It marks the ninth consecutive quarter
with a year-over-year increase in median sales
price. Average sales price increased 9.9% to
$756,569 from the same period last year…