{"id":152495,"date":"2025-08-17T06:47:23","date_gmt":"2025-08-17T06:47:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/152495\/"},"modified":"2025-08-17T06:47:23","modified_gmt":"2025-08-17T06:47:23","slug":"new-report-reveals-the-one-borough-nyc-homebuyers-are-leaving-in-droves","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/152495\/","title":{"rendered":"New report reveals the one borough NYC homebuyers are leaving in droves"},"content":{"rendered":"<p>Brooklynites are finding greener pastures \u2013 on Staten Island.\u00a0<\/p>\n<p>A whopping 12% of Brooklyn residents snagged their new home in the forgotten borough \u2014 marking the biggest cross-borough migration of 2025, according to a <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/30\/nyc-homebuyer-types-2025\/#Geography_of_NYC_buyers_1\" target=\"_blank\" rel=\"nofollow noopener\" data-nyp-affiliate=\"true\">PropertyShark analysis of homebuyer data<\/a>.<\/p>\n<p>The trend was largely a product of sky high real estate prices in Kings County. The borough\u2019s median home sale price hovered at $850,000 in the first five months of 2025 \u2013 17% higher than the average Staten Island home, which fetched $708,000 during the same span, report author Eliza Theiss told The Post.\u00a0<\/p>\n<p>Out of the 2,669 Brooklyn residents who purchased property between Jan. 1 and May 31, a fed-up 315 of them \u2013 or 12% \u2013 have decided to relocate across the Narrows. Rob Jejenich \/ NY Post Design<\/p>\n<p>Another 6% of Brooklynites bought in Queens and 4% moved to Manhattan. By contrast, 94% of Manhattanites, 95% of Queens residents, 97% of Staten Islanders and 94% of Bronx denizens bought elsewhere in their home borough, the analysis showed.<\/p>\n<p>\u201cBrooklyn is just super expensive,\u201d said Wallace Wong, who moved to New Dorp a month ago, leaving Bath Beach in Brooklyn after 10 years. <\/p>\n<p>For just over $1 million, the father-of-two, who works in operations management, was able to snag a detached, four-bedroom home with a private backyard in June.<\/p>\n<p>A whopping 315 Brooklynites moved across the Narrows to Staten Island in the first five months of 2025.  Max \u2013 stock.adobe.com<\/p>\n<p>Staten Island is a step up from Wong\u2019s semi-detached, three-bedroom abode in Kings County, which he and his wife purchased for $760,000 nearly a decade ago and are now renting out, he said.<\/p>\n<p>\u201cI prefer the environment of Staten Island, because it feels less crowded and more rural, but it\u2019s actually very close to the city,\u201d said Wong, 47. \u201cWe always wanted to have a little bigger place, in terms of lot size.\u201d\u00a0<\/p>\n<p>\u201cYou\u2019ve got great communities; beautiful, tree-lined streets \u2013 all for a great price,\u201d Staten Island realtor Tom Crimmins said about the borough.  James \u2013 stock.adobe.com<\/p>\n<p>More space was a big reason why Brooklynites began migrating to the island in droves during the pandemic, according to Staten Island realtor Tom Crimmins.\u00a0<\/p>\n<p>Out of all Staten Island home sales in the first five months of 2020, Brooklynites accounted for 26% of buyers \u2014 a share that jumped to 31% by May 2021 before gradually declining, though still remaining high at 21% during the same period in 2025, according to Theiss. <\/p>\n<p>\u201cPeople were in apartment buildings with no backyards and they couldn\u2019t take vacations because of everything going on, so they moved to Staten Island for more space and privacy\u2026and it just followed suit from there,\u201d Crimmins said.<\/p>\n<p>\u201cPeople come to Staten Island and they stay, because they realize, \u2018Wow, this is a really nice place.\u2019 You\u2019ve got great communities; beautiful, tree-lined streets \u2013 all for a great price.\u201d\u00a0<\/p>\n<p>Theiss  added: \u201cStaten Island homes tend to be larger than Brooklyn homes and the single-family stock is far larger. So for someone looking for extra space \u2014 say, young families \u2014 Staten Island will be the more budget-friendly avenue with more options to choose from.\u201d\u00a0<\/p>\n<p>Brooklynites typically want to buy homes close to the Verrazano-Narrows Bridge when they move to Staten Island, \u201cbecause they still have lives in the city and they want to be close by,\u201d Crimmins explained.\u00a0 vin \u2013 stock.adobe.com<\/p>\n<p>Nearly 25% of his sales in 2025 have been to former Brooklynites, who typically want to buy homes close to the Verrazano-Narrows Bridge, \u201cbecause they still have lives in the city and they want to be close by,\u201d  Crimmins explained.\u00a0<\/p>\n<p>And of the Brooklynites who moved to the island this year, 52% came from just four neighborhoods: Sunset Park, Bensonhurst, Borough Park and Bay Ridge, according to Theiss.<\/p>\n<p>\u201cOverall, it seems that borough-based loyalty dominated,\u201d Theiss said.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Brooklynites are finding greener pastures \u2013 on Staten Island.\u00a0 A whopping 12% of Brooklyn residents snagged their new&hellip;\n","protected":false},"author":3,"featured_media":152496,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,1121,11194,5249,5248,405,403,5226,5225,5228,5227,10558,4413,4329,10204,9294,67,586,132,5230,68,2969],"class_list":{"0":"post-152495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-brooklyn","10":"tag-homeowners","11":"tag-manhattan","12":"tag-metro","13":"tag-new-york","14":"tag-new-york-city","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-property","20":"tag-queens","21":"tag-real-estate","22":"tag-residential-real-estate","23":"tag-staten-island","24":"tag-united-states","25":"tag-united-states-of-america","26":"tag-unitedstates","27":"tag-unitedstatesofamerica","28":"tag-us","29":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115042768926084590","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/152495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=152495"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/152495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/152496"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=152495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=152495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=152495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}