NYC's Most Popular Area For Homebuyers Isn't The One You'd Expect

NEW YORK CITY — The most popular New York City neighborhoods for homebuyers aren't the ones you might expect, a new analysis shows.

More houses sold over the past decade in Flushing, Bed-Stuy and Ozone Park than in any other New York City neighborhood, according to real estate experts from PropertyClub.com.

"As it turns out, Queens was by far the most active borough in NYC in the past decade, in terms of the overall number of properties that changed hands," the PropertyClub report reads.

"Brooklyn and Queens are currently booming with development ... it won’t take long before home prices in these boroughs begin to pick up the pace."

PropertyClub crunched Department of Finance data from January 2010 through December 2019 to determine where the most houses were sold and how much money was raked in by those sales, researchers said.

Queens took the prize for most sales by borough with 108,810 homes sold for about $65 billion, Brooklyn claimed second with 95,132 closings at $80 billion and Manhattan came in third with 61,664 worth a whopping $152 billion, PropertyClub found.

Those steep price tags were probably what drove the market to explode in Brooklyn and Queens, analysts said.

"Manhattan is out of reach for the majority of homebuyers, and those homebuyers are flocking to the other boroughs in search of better home prices," the analysis reads.

Queens also claimed first on PropertyClub's ranking of the 50 most desirable areas of the city for homebuyers, taking the No. 1 slot and 21 others.

Flushing won by a landslide 11,623 homes sold for about $8.8 billion over the past decade, PropertyClub reported.

No other neighborhood managed to sell more than 8,000 homes in the same period of time.

Brooklyn nabbed 15 places in the top 50 neighborhood list and Bed-Stuy claimed second place with 7,219 homes sold for roughly $5.5 billion since 2010, researchers said.

East New York, with 5,030 home sales, landed at No. 5 on the list.

Manhattan's Upper West Side proved the most desirable neighborhood with 5,375 home sales worth more than $15 billion between 2010 and 2019, earning it fourth place.

To see how your neighborhood ranks, check out the complete list below: