The Real Estate Board of New York

Brooklyn has the highest median and average prices out of the four “outer” boroughs, but the borough’s hot, hot real estate market is not exactly gaining on Manhattan: The average sales price for an apartment here was $484,000; in Manhattan it was $1.2 million. The average sales price for a one to three-family dwelling in Brooklyn was $671,000, in Manhattan it was $5.2 million. Queens came in third with an average sales price of $588,000, below the citywide average of $622,000.