Brooklyn homes are selling like the borough's famous cheesecake, according to StreetEasy, spending a median of 50 days on the market in the second quarter. "This is the lowest since Q2 2016, when homes spent a median 42 days on market," according to a report from the real estate site.
The fast-moving market and "surge in demand" is "largely due to near record low mortgage rates and the economy's reopening," according to the firm.
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Prospect Lefferts Gardens. Photo by Susan De Vries Brooklyn homes are selling like the borough's famous cheesecake, according to StreetEasy, spending a median of 50 days on the market in the second quarter. "This is the lowest since Q2 2016, when homes spent a median 42 days on market," [...]