Peter Perez | 2021 Year End Review

2021 Year End Review

T O W N H O U S E E D I T I O N | S O L D BY P E T E R P E R E Z

239 Lincoln Road (cover image) Prospect Lefferts Gardens | $2,400,000 SET RECORD FOR HIGHEST PRICED SALE ON THE BLOCK 1 W E E K O N T H E M A R K E T I hope my letter finds you well.

Welcome to my Year-end Brooklyn Market Review! 2021 continued Brooklyn’s meteoric rise that began in the 2nd half of 2020, soon after the pandemic arrived.

Median prices continued trending up, recording a 7.5% increase in the 4th quarter as compared to the same time the previous year. More notably, median prices are up 17.6% from the same time period

239 Lincoln Rd interior

just 2 years ago, pre-pandemic.

Average sale prices followed a similar path, up 11.7% in Q4 of 2021, and up a whopping 21.1% from the same time prepandemic. The majority of these gains were in the townhouse market as NYC buyers continued to cross the bridge into Brooklyn searching for more space and private outdoors. Bidding wars were on the rise last year, with more than 1 in 5 properties selling above asking price. For my team in particular, The Scott-Robles Team, 2021 proved to be a banner year. We completed 160 transactions reaching almost $274M in closed sales, with over 90% of that business here in Brooklyn! Looking ahead into 2022, the seismic shifts that COVID has created will continue to influence more and more buyers into the market. Demand will continue to far outweigh the inventory, creating even more bidding wars across all sectors of the market. Interest rates will increase to counteract inflation and new bank regulations (a ripple effect of the recent building collapse in Miami) will add challenges to both buyers and sellers, but neither of these measures will be enough to turn the tide into favoring buyers.

Peter Perez Licensed R.E. Salesperson elliman.com

SCAN TO VISIT MY WEBSITE

© 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

2 0 2 1 N O TA B L E T O W N H O U S E S A L E S

10 Jackson Place Park Slope, Brooklyn | $2,752,000 • Sold 6% over asking price • Set record for highest priced sale on the block

153 76th Street Bay Ridge, Brooklyn | $3,600,000 • 2nd highest priced closed sale in Bay Ridge 2021

371 1st Street Park Slope, Brooklyn | $5,315,000 • Off Market sale • Set record for highest priced sale on the block

© 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

2 0 2 1 N O TA B L E T O W N H O U S E S A L E S

60 Montgomery Place Park Slope, Brooklyn | $4,940,000 • Off market sale 60 Montgomery holds a special place in my heart. I was the 4th broker to represent the sellers. The sellers had unsuccessfully tried to sell their home for over 2 years. Each accepted offer or contract signed had fallen through, mainly because the home had more than 10 open permits filed with the DOB from a previous renovation. The sellers were tired of showing their house and believed it might never sell. I suggested an off market approach to selling the home, only showing it to buyers who understood the permit issues and would be willing to make real offers under the current conditions. Through targeted marketing I was able to produce multiple offers in under 1 month. With no price reductions, the house sold to a buyer who paid significantly more than any previous offers, and took the home with all the existing permits open.

460 8th Street Park Slope, Brooklyn | $3,300,000 • Set record for highest priced sale on the block

© 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

24 3rd Place Carroll Gardens, Brooklyn | $2,800,000

50 Rugby Road Prospect Park South, Brooklyn | $1,999,899

• Off Market Sale

• Off Market Sale

130 Buckingham Road Prospect Park South, Brooklyn | $2,000,000 As part of the #1 selling Brooklyn based team at Douglas Elliman, I have the experience and tools needed to achieve your real estate goals. Understanding the challenges of your home, your specific buyer pool, the pros and cons of your location within your neighborhood is something that I specialize in. My experience allows me to strategically price your home to sell quickly AND at the highest possible price. If would like to know more about how we make it easy and painless for our sellers AND for our buyers, please feel free to call, text, or email me anytime! And don’t forget to follow me on Instagram! @peteperez_realestate. Onward and upward, Brooklyn! © 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

2021 Year End TEAM SALES REPORT TEAM SALES REPORT SALES TYPE

TR A N SACTI O N

SA LE S VO LU M E

Condo Sales

89 Transactions

$151,158,234

Coop Sales

37 Transactions

$34,973,068

Townhouse Sales

34 Transactions

$87,830,399

T O TA L S A L E S

160 TR A N SACTI O N S

$273 ,961 ,701

2 0 2 1 S A L E S V O L U M E BY R E P R E S E N TAT I O N SELL SIDE

79 Transactions

$144,949,174

SELL SIDE

81 Transactions

$129,012,514

2 0 2 1 T O TA L R E N TA L V O L U M E R E N TA L S

2021

93 Transactions

C O M B I N E D R E N TA L A N D SA LE S VO LU M E

$4,510,363

$278 , 472 ,06 4

© 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

Testimonials

“

Pete was absolutely amazing, nothing was too difficult or out of scope for his professional and client focused services. He not only rented our properties several times before selling them, he also helped organize repairs, offered strategic guidance and referred us to other providers when we needed help. He is smart, hard working, great at negotiating and simply gets the job done with the highest standards. We are thrilled with his services and the results!!! -

D. LEWIS, WINDSOR TERRACE SELLER

Peter was very professional & knowledgeable throughout the whole process. Everything he told me about what to expect was right-on every time. I have sold many houses in my life and never had a more professional agent. -

A. & J. PETERS, CARROLL GARDENS SELLERS

We met Peter while in discussions to purchase a property in Brooklyn, NY. Peter went above and beyond any broker’s obligations to ensure that all of our questions were answered; to guide us through the murky process; and to answer our questions straightforwardly and honestly. This particular deal was a complicated one, and Peter handled it with grace, patience, provided hand holding where we needed it, but ultimately let us make a decision whether or not to purchase without pushing us in either direction. He is an absolute pleasure to work with; we trust him implicitly and plan to have him represent us when we sell our property in the future as well as refer family and friends to him. Peter is knowledgeable, helpful, respectful, incredibly responsive, accommodating, honest, and never pushy. We can’t recommend him enough. - S .

ANSARI, CARROLL GARDENS BUYER

We could not have been more pleased with Peter’s efforts in preparing our unit for sale, running open houses, and ultimately taking an accepted offer (about a month after listing) all the way to close. Throughout the process, he showed exceptional communication skills, patience, and attention to detail. We highly recommend Pete to anyone seeking a broker, P. M AY E R , C A R R O L L G A R D E N S S E L L E R

“

and would gladly use him again. -

Pete was fantastic. He went above and beyond every expectation in selling our loft condo in Park Slope. I swear that guy never sleeps. HIGHLY recommend. He got us the price we wanted and was cool as a cucumber during the most stressful process of relocating.

- T. T O S C A N O , P A R K S L O P E S E L L E R

© 2022 DOUGLAS ELLIMAN REAL ESTATE. EQUAL HOUSING OPPORTUNITY.

Peter Perez

Licensed Real Estate Salesperson THE SCOTT | ROBLES TEAM at Douglas Elliman Real Estate M 347.231.8614 | peter.perez@elliman.com 190 Fifth Avenue | Brooklyn, NY 11217 | 929.457.5106

America Best Real Estate Professionals:

#1 Team By Transactions,

2021 Real Trends + Tom Ferry 2020

Douglas Elliman Brooklyn 2021

# 1 Team In Brooklyn

#5 Brooklyn Team for Rentals

by volume as published in Wall Street

#18 Elliman Everywhere National

Journal 2021

Awards

#1 Team By GCI,

2021 Pinnacle Award Winner,

Douglas Elliman Brooklyn 2021

Top 2% Nation Wide

575 MADISON AVENUE, NY, NY 10022. 212.891.7000 © 2022 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.