The good, old-fashioned single-family home in the boroughs is making a big comeback.
Sales of houses soared in the second quarter as middle-class buyers got back in the game, according to a report from the Real Estate Board of New York (REBNY).
Single family homes account for about one-third of the city’s housing stock.
Citywide, sales volume for houses surged by 21% to 4,552 transactions, while the average price of a house jumped 6% to $575,000.
Leading the way was Brooklyn, where the number of deals jumped by 29% and the average price of a house rose 8% to $649,000. In Bedford-Stuyvesant, the average price for a house jumped 24% to $571,000.
“In the spring, the minute you put a house on the market, it went into multiple bids,” Frank Percesepe, regional senior vice president in charge of Brooklyn for The Corcoran Group, told the Daily News.
“If you had a beautiful, classic house in Park Slope, people were fighting just to see it.”
That kind of hot market was also evident in Fort Greene, Clinton Hill and Bedford-Stuyvesant.
“We saw it across the board,” Percesepe said.
A single-family home in Fort Greene, at 11A S. Elliott Pl., went on the market in February at $2.75 million. After receiving multiple bids, it recently closed at $2.775 million.
The house frenzy also hit Staten Island, where sales doubled in the quarter, though the price of a house in the borough fell 4% to $434,000.
Single-family homes “serve the middle-income market and that middle-income market is starting to feel the benefits of a recovering economy,” REBNY senior vice president Mike Slattery told the News.
Slattery noted that sales of single-family homes slowed down earlier than the apartment market and recovered later. Their rebound is in line with the housing recovery taking place now across the country, he said.
The city’s real estate market overall – single-family homes, co-ops and condos – showed a 9% increase in transactions to 10,551.
The average price of a home citywide dipped just over 1% to $779,000. The average was pulled down by a big increase in sales outside of Manhattan. Prices in the boroughs are significantly lower than Manhattan prices.
The borough that saw the biggest average price increase in the second quarter was the Bronx, where the price of homes rose 8% to $349,000.
The average price of a home in Brooklyn rose 5% to $601,000. Likewise, Queens saw prices rise 5% to $417,000.
But while housing prices are moving up in the boroughs, neighborhoods hit by Hurricane Sandy continue to feel the aftermath of the storm.
Prices in the Averne section of the Rockaway Peninsula fell 25% to $345,000, while prices in the Breezy Point/Belle Harbor/Rockaway Park area dropped 35% to $447,000.
pfurman@nydailynews.com