Q4 2019
B RO O K LYN MARKET REPORT
B R O O K LY N SALES REPORT Q4 2019
SIGNS OF LIFE
The slight sales slowdown observed last
highest of any fourth quarter. Median price
179 days on market range. The uptick in fast-
quarter continued through the end of the
has done the same, again reaching $800,000,
moving and slow-moving properties is
year. Many buyers made their purchases in
the highest on record. Properties sold for less
atypical and deserves consideration, as it
the first part of the year, and the continued
than $500,000 reached their lowest levels on
may influence price adjustments, warranted or
confusion with the direction of the economy
record, while those between $500K-1M
otherwise.
has paused growth in Brooklyn. Despite the
peaked. The $2,000,000 and above luxury
2% decline in sales, Q4 2019 was still quite
market in the borough also showed excellent
With a significant boost in contracts, we
positive.
growth, as seen in our weekly reports.
anticipate a positive start to the new decade. The economy in the U.S. is still under close
New developments and the general
Surprisingly, the average time on market
watch, but investment performance and a
expansion of Brooklyn are driving changes in
decreased compared to both last year and
number of excellent opportunities on the
price. The average price across the borough
last quarter. Further investigation of this
market have helped drive prices upward.
has continued its upward trend, hitting the
shows the beginnings of a trough in the 60-
RORY GOLOD
ELIZABETH ANN STRIBLING-KIVLAN
New York Regional President
Senior Managing Director
ONTENT
MARKET HIGHLIGHTS RECORDED SALES PRICE PER SQUARE FOOT CONTRACTS SIGNED TIME ON THE MARKET TOTAL INVENTORY MONTHS OF SUPPLY
SOURCES Compass proprietary database, ACRIS (Automated City Register Information System)
05 07 11 13 17 19 23
RESEARCHED & WRITTEN BY: Josh Chamberlain
METHODOLOGY GEOGRAPHY covered in this report is
MONTHS OF SUPPLY is an estimated
Brooklyn.
time it would take to sell all current active listings based on the trailing 12-
INVENTORY is calculated based on all
months sales rate.
properties actively listed in our sources during the quarter at the time the report
TIME ON MARKET is the number of
is prepared.
days between the first list date and the final contract date.
CONTRACT SIGNED figures for the current quarter are based on publicly
DISCOUNT is the percentage
reported transactions at the time the
difference between the initial list and
report is prepared. The signed price
recorded sale price.
reflects the latest available asking price. CURRENT QUARTER is reflective of RECORDED SALES figures for the
the initial day of the quarter until the
current quarter are based on known
20th day of the closing month of the
closings recorded at the time the report
quarter. These numbers will be updated
is prepared.
in subsequent reports to reflect the dataset of the entire quarter.
MEDIAN PRICE is the middle price of a given dataset.
QUARTERS Q1: January 1 - March 31
4
AVERAGE PRICE is the sum of all
Q2: April 1 - June 30
prices divided by the total number of
Q3: July 1 - September 30
properties.
Q4: October 1 - December 31
MARKET HIGHLIGHTS
5
New developments and the general expansion of Brooklyn are driving changes in price.
6
$959,103
137
8%
AV E R A G E S A L E S P R I C E
AV E R A G E D AY S ON THE MARKET
AV E R A G E D I S C O U N T
$800,000
49%
32%
MEDIAN SALES PRICE
S H A R E O F I N V E N TO RY OVER $1M
S H A R E O F C LO S I N G S OVER $1M
$747
28%
AV E R A G E P R I C E P E R S Q U A R E F O O T
O F P R O P E RT I E S TO O K M O R E T H A N 1 8 0 D AY S T O E N T E R C O N T R A C T
RECORDED SALES BY P R O P E R T Y T Y P E
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
There were 2,695 recorded sales in the fourth quarter, a 2% decrease from one year
28%
CONDO
ago. Houses were 54% of transactions and saw the biggest average discount (11%). These properties were the most expensive but had the lowest PPSF of $570, down 3%. Condos represented 28% of recorded sales and were the least affordable, up 7% in
18%
CO-OP
54%
HOUSE
average PPSF from last year. This was driven by a 5% drop in average size and
0%
12%
24%
36%
48%
60%
changes in price distribution. Co-ops held the smallest market share and were the smallest and least expensive property type, despite average and median price increases of 4% and 5%, respectively.
Q 4 2 0 1 9 AV E R A G E P P S F $1,000
CONDO
CONDO
CO-OP
HOUSE
% U N I TS
28%
18%
54%
AV E R AG E D I S CO U N T
6%
5%
11%
MEDIAN PRICE
$805,000
$410,000
$895,000
YOY
4%
5%
1%
AV E R AG E P R I C E
$964,536
$545,182
$1,091,463
YOY
-1%
4%
0%
AV E R AG E P P S F
$1,000
$643
$570
YOY
4%
-2%
-3%
AV E R AG E S F
1,023
879
2,416
YOY
-5%
-3%
2%
$643
CO-OP
$570
HOUSE
$0
$480
$720
$960
$1,200
Q 4 2 0 1 9 AV E R A G E S I Z E 1,023
CONDO
879
CO-OP
2,416
HOUSE
0
7
$240
600
1,200
1,800
2,400
3,000
RECORDED SALES BY P R I C E P O I N T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
Properties in the $500K-1M made up 47% of sales this quarter, but offered the smallest average discount of 7%. Properties in the $1-2M and <$500K brackets each represented similar market shares, with 26% and 21%, respectively. Properties priced 2M and higher made up just 6% of all recorded sales, though these units offered the largest average discount. Units generally got smaller across all price points.
<$500K
21%
$500K-1M
47%
$1M-2M
26%
$2M-3M
4%
$3M+
2% 0%
12%
24%
36%
48%
60%
Properties in the $500K-1M held steady YoY in all metrics. Properties in the highest end of the market, by contrast, declined across the board, with notable decreases in average and median prices of 16% and 8%, respectively, as well as average PPSF (down 5%). Properties under $500K saw modest increases in average and median prices, as well as a 2% higher average PPSF. This was fueled by a dip in average size of 8%.
Q 4 2 0 1 9 AV E R A G E P P S F <$500K
$525
$500K-1M
$689
$1M-2M
$850
$2M-3M
$925
$3M+
8
<$500K
$500K-1M
$1-2M
$2-3M
$3M+
% U N I TS
21%
47%
26%
4%
2%
AV E R AG E D I S CO U N T
8%
7%
9%
11%
12%
MEDIAN PRICE
$360,000
$740,000
$1,340,000
$2,303,000
$3,430,000
YOY
3%
1%
-1%
-4%
-8%
AV E R AG E P R I C E
$349,492
$744,364
$1,398,345
$2,363,906
$3,768,497
$1M-2M $2M-3M
YOY
2%
0%
0%
-2%
-16%
AV E R AG E P P S F
$525
$689
$850
$925
$1,156
YOY
2%
-1%
2%
-5%
-5%
AV E R AG E S F
847
1,418
2,053
2,911
3,522
YOY
-8%
0%
1%
-3%
-3%
$1,156 $0
$300
$600
$900
$1,200
$1,500
Q 4 2 0 1 9 AV E R A G E S I Z E <$500K
847
$500K-1M
1,418 2,053 2,911
$3M+
3,522 0
800
1,600
2,400
3,200
4,000
RECORDED SALES BY S U B M A R K E T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
52% of sales occurred in South Brooklyn in Q4 2019. Properties here were also the most affordable, with an average PPSF of $517, and saw the highest discounts (9%). Properties in East Brooklyn were 19% of transactions, and they were also the biggest at 1986 SF on average. Northwest Brooklyn represented 18% of sales, but it was the least affordable submarket and offered one of the lowest discounts. North Brooklyn
NORTH
11%
NORTHWEST
18%
EAST
19%
SOUTH
saw the least amount of transactions, with 11% of the total, but had the highest jump
52% 0%
12%
24%
36%
48%
60%
in average price.
Q 4 2 0 1 9 AV E R A G E P P S F The North and East Brooklyn markets behaved similarly this quarter. Average and median prices went up in both submarkets, and both saw average PPSF increase, largely due to similar declines in average size. Though it remained the least affordable submarket, Northwest Brooklyn saw the greatest price declines, with average price falling 9%. In South Brooklyn, even though prices increased, the
NORTH
$1,041
NORTHWEST
$1,069
EAST
$668
SOUTH
$517
corresponding jump in average size (7%) led to a dip in average PPSF of 5%.
$0
9
NORTH
NORTHWEST
EAST
SOUTH
% U N I TS
11%
18%
19%
52%
AV E R AG E D I S CO U N T
7%
7%
8%
9%
MEDIAN PRICE
$992,793
$1,150,000
$770,000
$690,000
YOY
4%
-2%
4%
5%
AV E R AG E P R I C E
$1,202,788
$1,403,362
$867,217
$783,113
YOY
9%
-9%
3%
2%
AV E R AG E P P S F
$1,041
$1,069
$668
$517
YOY
4%
0%
2%
-5%
AV E R AG E S F
1,351
1,529
1,986
1,712
$240
$480
$720
$960
$1,200
Q 4 2 0 1 9 AV E R A G E S I Z E NORTH
1,351
NORTHWEST
1,529
EAST
1,986
SOUTH
1,712 0
600
1,200
1,800
2,400
3,000
Q 4 H I STO R I C R E CO R D E D S A L E T R E N D S
5%
2%
6%
9%
N O R T H B R O O K LY N
2%
3%
2% 3%
2%
2%
2%
2%
4%
5%
4%
4%
22%
22%
24%
11%
296 UNITS: 11%
15% 19%
N O R T H W E S T B R O O K LY N 485 UNITS: 18%
38%
26%
35%
40%
40% 41%
E A S T B R O O K LY N 512 UNITS: 19%
42% 42%
46%
45% 47%
55%
58% 48%
S O U T H B R O O K LY N
47% 41%
1, 402 UNITS: 52%
35% 29%
2010
2011
2012
<$500K
10
2013
2014
$500K-1M
2015
2016
$1-2M
26%
2017 $2-3M
25%
21%
2018
2019
$3M+
PRICE PER SQUARE FOOT
11
12 Q1 2010
Average PPSF Median Price Average Price Q1 2019
Q4 2019
$951,384
Q3 2019
Q2 2019
$760
Q4 2018
$880
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
$1,000 $1,200,000
$1,100,000
$959,103 $1,000,000
$900,000
$800,000
$752,000 $800,000
$700,000
$640 $600,000
$500,000
$520 $400,000
$300,000
$400 $200,000
CONTRACTS SIGNED BY P R O P E R T Y T Y P E
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
There were 1,866 contracts signed across Brooklyn in the fourth quarter, a 12%
36%
CONDO
increase from this time last year. Co-ops were the smallest market share, but moved the quickest, with 42% signed in the first 59 days and only 25% taking 180 days or more. Houses saw 34% signed in the first 59 days, while 27% took 180 days or more. Condos were the slowest to enter contract, with just 32% entering contract in the first
24%
CO-OP
40%
HOUSE
59 days, but 32% took 180+ days.
0%
Houses were the highest percentage of contracts this quarter, at 40%. Price distribution changes were seen in this property type, and the average PPSF was 4% lower than this time last year. Condos were 36% of contracts signed and saw the most change. Co-ops, with only 24% of the market, experienced limited change in
10%
20%
13
CO-OP
HOUSE
% U N I TS
36%
24%
40%
MEDIAN PRICE
$950,000
$499,000
$1,225,000
YOY
4%
0%
2%
AV E R AG E P R I C E
$1,193,292
$619,930
$1,494,163
YOY
3%
0%
2%
AV E R AG E P P S F
$1,094
$638
$630
YOY
3%
-3%
-4%
AV E R AG E S F
1,085
897
2,465
YOY
-1%
-3%
2%
40%
50%
Q 4 2 0 1 9 AV E R A G E P P S F $1,094
CONDO CO-OP
$638
HOUSE
$630
price trends, but were slightly more affordable compared to last year.
CONDO
30%
$0
$240
$480
$720
$960
$1,200
Q 4 2 0 1 9 AV E R A G E S I Z E 1,085
CONDO
897
CO-OP
2,465
HOUSE
0
600
1,200
1,800
2,400
3,000
CONTRACTS SIGNED BY P R I C E P O I N T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
Contracts between $500K-1M were the highest market share, at 39%. These properties were slightly larger this quarter, but their price followed accordingly and did not change in affordability. This bracket also moved quickly, with 37% signed in
<$500K
16%
$500K-1M
39%
$1M-2M
33%
$2M-3M
the first 59 days.
7%
$3M+
The $1-2M price point accounted for 33% of contracts this quarter. The average PPSF
4% 0%
10%
20%
30%
40%
50%
in this category declined 5%, a result of increased average size but slightly lower
Q 4 2 0 1 9 AV E R A G E P P S F
prices in general. These properties were the fastest to enter contract.
<$500K
Properties priced less than $500,000 were 16% of the market and the only bracket to see decreased affordability. The average PPSF here rose 1% and average size decreased 7%. The $3M+ group saw much larger properties enter contract this quarter (9%) and were 6% more affordable compared to this time last year.
14
<$500K
$500K-1M
$1-2M
$2-3M
$3M+
% U N I TS
16%
39%
33%
7%
4%
MEDIAN PRICE
$350,000
$750,000
$1,385,000
$2,400,000
$3,695,000
YOY
-4%
3%
-1%
-4%
3%
AV E R AG E P R I C E
$357,832
$753,225
$1,425,729
$2,433,874
$4,046,671
YOY
0%
2%
-1%
-3%
1%
AV E R AG E P P S F
$509
$775
$900
$1,071
$1,265
YOY
1%
0%
-5%
-5%
-6%
AV E R AG E S F
789
1,247
1,908
2,593
3,555
YOY
-7%
3%
5%
2%
9%
$509
$500K-1M
$775
$1M-2M
$900
$2M-3M
$1,071
$3M+
$1,265 $0
$320
$640
$960
$1,280
$1,600
Q 4 2 0 1 9 AV E R A G E S I Z E <$500K
789
$500K-1M
1,247
$1M-2M
1,908
$2M-3M
2,593
$3M+
3,555 0
800
1,600
2,400
3,200
4,000
CONTRACTS SIGNED BY S U B M A R K E T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
South Brooklyn saw 39% of contracts signed and were the most affordable of any submarket at an average of $535/SF. While prices and the average size in the region increased, the average PPSF still fell 5% compared to last year.
NORTH
13%
NORTHWEST
33%
EAST
Northwest Brooklyn was 33% of the market, the second highest of any group. These
15%
SOUTH
properties were the quickest to move, with 41% entering contract in the first 59 days,
39% 0%
10%
20%
30%
40%
50%
but experienced very limited change year-over-year.
Q 4 2 0 1 9 AV E R A G E P P S F East Brooklyn, with 15% of contracts, saw notable increases in median price, average price, and average size, but only a 2% increase in average PPSF. North Brooklyn, on the other hand, had very limited change in median price and average price, but saw
NORTH
$1,043
NORTHWEST
$1,146
EAST
a 5% decrease in average PPSF.
$717
SOUTH
15
NORTH
NORTHWEST
EAST
SOUTH
% U N I TS
13%
33%
15%
39%
MEDIAN PRICE
$1,110,000
$1,280,000
$969,000
$699,000
YOY
1%
0%
18%
7%
AV E R AG E P R I C E
$1,282,140
$1,594,634
$1,141,185
$803,956
YOY
0%
0%
14%
7%
AV E R AG E P P S F
$1,043
$1,146
$717
$535
YOY
-5%
1%
2%
-5%
AV E R AG E S F
1,366
1,552
1,957
1,610
YOY
-4%
1%
10%
8%
$535 $0
$300
$600
$900
$1,200
$1,500
Q 4 2 0 1 9 AV E R A G E S I Z E NORTH
1,366
NORTHWEST
1,552
EAST
1,957
SOUTH
1,610 0
600
1,200
1,800
2,400
3,000
1,866
N O R T H B R O O K LY N
TOTAL UNITS
243 UNITS: 13%
N O R T H W E S T B R O O K LY N 607 UNITS: 33%
$3M+ $2-3M 4% 7%
<$500K 16%
E A S T B R O O K LY N 289 UNITS: 15%
$1-2M 33%
Q4 2019 CONTRACTS SIGNED BY PRICE POINT
$500K-1M 39%
S O U T H B R O O K LY N 727 UNITS: 39%
16
TIME ON THE MARKET
17
0-29 DAYS
CONDO
12%
< $500K $500K-1M
14%
NORTHWEST
14%
18
9% 11%
8%
13%
13%
10%
24%
13%
21%
15%
34%
9% 13%
17% 7%
11% 9%
27% 34%
21%
16%
26%
13% 13%
9%
27%
12%
9% 10%
20%
30%
9%
13% 15%
27%
18%
16%
25%
25%
15%
8%
26%
15%
10%
12%
180+ DAYS
32%
7%
15%
19% 13%
120-179 DAYS
12%
19%
13%
NORTH
SOUTH
15%
24%
11%
9%
90-119 DAYS
28%
12%
$3M+
EAST
20%
10%
$1-2M $2-3M
60-89 DAYS
14%
CO-OP HOUSE
30-59 DAYS
13% 13% 14%
24% 27% 29% 30%
TOTAL INVENTORY BY P R O P E R T Y T Y P E
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
Houses were 48% of inventory this quarter and were 2% smaller compared to this time
32%
CONDO
last year. The median price in this group climbed 2%, while the average price fell 3%, a result of price distribution changes. The average PPSF also declined 2%. Condos, with 32% of inventory, were 3% smaller than Q4 2018. Despite this, the
19%
CO-OP
48%
HOUSE
average price and median price rose 2% and 3%, respectively, leading to a 3% higher
0%
12%
24%
36%
48%
60%
average PPSF.
Q 4 2 0 1 9 AV E R A G E P P S F Co-ops had the smallest market share (19%), but saw some of the largest changes. The average size in this group declined 16% compared to last year, leading to an 11% lower average price and 6% lower median price.
19
$1,063
CONDO
$614
CO-OP
CONDO
CO-OP
HOUSE
% U N I TS
32%
19%
48%
MEDIAN PRICE
$925,000
$450,000
$1,425,000
YOY
3%
-6%
2%
AV E R AG E P R I C E
$1,288,510
$614,368
$1,848,898
YOY
2%
-11%
-3%
AV E R AG E P P S F
$1,063
$614
$714
YOY
3%
-3%
-2%
AV E R AG E S F
1,196
1,011
2,651
YOY
-3%
-16%
-2%
$714
HOUSE
$0
$240
$480
$720
$960
$1,200
Q 4 2 0 1 9 AV E R A G E S I Z E 1,196
CONDO
1,011
CO-OP
2,651
HOUSE
0
800
1,600
2,400
3,200
4,000
TOTAL INVENTORY BY P R I C E P O I N T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
Properties priced between $500K-1M were 36% of inventory, the most of any bracket, and experienced limited change. The average size in this group declined 2% yearover-year, resulting in a 2% higher average PPSF. The $1-2M group (31%) behaved similarly, seeing a 5% lower average size, which led to a 6% higher average PPSF.
<$500K
15%
$500K-1M
36%
$1M-2M
31%
$2M-3M
10%
$3M+
Properties priced up to $500,000 were 15% of the market and were 7% smaller on
8% 0%
10%
20%
30%
40%
50%
average compared to this time last year. Despite this, the average price and median
Q 4 2 0 1 9 AV E R A G E P P S F
price increased 3% and 5%, respectively.
<$500K
The $3M+ bracket saw the most change in average price, falling 8% compared to Q4
$500K-1M
2018. The $2-3M bracket had smaller properties on the market this quarter (-7%), but
$1M-2M
their prices held steady, causing the 6% increase in average PPSF.
$510 $745 $892
$2M-3M
$1,129
$3M+
20
<$500K
$500K-1M
$1-2M
$2-3M
$3M+
% U N I TS
15%
36%
31%
10%
8%
MEDIAN PRICE
$369,000
$749,000
$1,450,000
$2,400,000
$4,000,000
YOY
5%
0%
0%
0%
0%
AV E R AG E P R I C E
$363,404
$757,255
$1,474,974
$2,459,301
$4,979,861
YOY
3%
0%
1%
0%
-8%
AV E R AG E P P S F
$510
$745
$892
$1,129
$1,347
YOY
2%
2%
6%
6%
-2%
AV E R AG E S F
817
1,278
2,036
2,624
4,046
YOY
-7%
-2%
-5%
-7%
-5%
$1,347 $0
$340
$680
$1,020
$1,360
$1,700
Q 4 2 0 1 9 AV E R A G E S I Z E <$500K
817
$500K-1M
1,278
$1M-2M
2,036
$2M-3M
2,624
$3M+
4,046 0
1,000
2,000
3,000
4,000
5,000
TOTAL INVENTORY BY S U B M A R K E T
Q 4 2 0 1 9 P E R C E N TA G E O F U N I T S
50% of inventory this quarter was in South Brooklyn. Properties here declined in all metrics and saw decreases of 4% and 6% in median price and average price, respectively, the most of any submarket.
NORTH
11%
NORTHWEST
23%
EAST
Northwest Brooklyn followed with 23% of the market. The average size here was 7%
15%
SOUTH
smaller compared to this time last year, though prices stayed relatively similar,
50% 0%
12%
24%
36%
48%
60%
causing a 3% increase in average PPSF.
Q 4 2 0 1 9 AV E R A G E P P S F East Brooklynâ&#x20AC;&#x2122;s average size was 9% lower than Q4 2018, while the median and average price both decreased just 1%. North Brooklyn was 11% of the market and experienced limited change.
NORTH
$1,046
NORTHWEST
$1,271
EAST
21
NORTH
NORTHWEST
EAST
SOUTH
% U N I TS
11%
23%
15%
50%
MEDIAN PRICE
$1,375,000
$1,549,000
$975,000
$799,000
YOY
2%
-1%
-1%
-4%
AV E R AG E P R I C E
$1,887,389
$2,095,084
$1,261,157
$1,057,547
YOY
-1%
0%
-1%
-6%
AV E R AG E P P S F
$1,046
$1,271
$708
$620
YOY
-2%
3%
5%
-1%
AV E R AG E S F
1,872
1,766
2,071
1,761
YOY
0%
-7%
-9%
-3%
$708
SOUTH
$620 $0
$320
$640
$960
$1,280
$1,600
Q 4 2 0 1 9 AV E R A G E S I Z E NORTH
1,872
NORTHWEST
1,766
EAST
2,071
SOUTH
1,761 0
600
1,200
1,800
2,400
3,000
Q 4 H I STO R I C I N V E N TO RY
2%
N O R T H B R O O K LY N
8%
2% 2%
2%
4% 5%
10%
5%
7%
7%
9%
9%
29%
31%
8%
8%
9%
10%
32%
31%
35%
36%
5%
13%
497 UNITS: 11%
7%
7%
16% 21%
N O R T H W E S T B R O O K LY N 1,054 UNITS: 23%
25% 38%
35% 37%
E A S T B R O O K LY N
35%
687 UNITS: 15%
37%
36%
37%
51%
37%
52% 46%
S O U T H B R O O K LY N
40%
2 , 278 UNITS: 50%
31% 25%
2010
2011
2012
<$500K
22
2013
2014
$500K-1M
2015
18%
17%
15%
15%
2016
2017
2018
2019
$1-2M
$2-3M
$3M+
MONTHS OF SUPPLY
23
2019
24
2018
610
4,516
586
4,992
AVERAGE CONTRACTS PER MONTH
INVENTORY
AVERAGE CONTRACTS PER MONTH
INVENTORY
7.4
8.5
MONTHS OF SUPPLY
MONTHS OF SUPPLY
compass.com
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.