Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Bay Ridge real estate

Bay Ridge Market Report May 2026: $525K Median

Milton Coste Live from REBNY/RLS August 23, 2026
Milton Coste

Milton Coste

Licensed Real Estate Associate Broker at Keller Williams NYC

NY License #10301213304 | (917) 416-7433

Bay Ridge recorded 5 closed sales in the last 30 days at a median close price of $575K. Active inventory stands at 39 listings with a median asking price of $525K ($526/sqft). Co-ops dominate at 56% of inventory. 46.2% price reductions among active listings. 1 new listing hit the market this week, while 34 properties are under contract. At current absorption rates, Bay Ridge has approximately 7.8 months of supply, making it a buyer's market. As a Bay Ridge specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Bay Ridge, call me at (917) 416-7433 for a personalized market analysis.

39

Active Listings

$525K

Median Asking

5

Sold (30 Days)

7.8

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 39
Pending Sales 34
Median Asking Price $525K
Median Price/Sqft $526
Avg Days on Market N/A
New This Week 1
Price Reduced 18 (46.2%)
Sold (Last 30 Days) 5
Sold (Last 90 Days) 9
Median Sale Price (90d) $575K
Sale-to-List Ratio 97.9%
Months of Supply 7.8 (buyer's market)

Property Mix

Condo 3% (1) Co-op 56% (22) Condop 0% (0)

Recent Transactions

7901 4th Avenue #D10 7901 4th Avenue #D10, Apt D10 $390,000 1 BR Aug 18, 2026
420 74TH Street #1 420 74TH Street #1, Apt 1 $1,265,000 4 BR Aug 13, 2026
7825 4th Avenue #F2 7825 4th Avenue #F2, Apt F2 $900,000 4 BR Aug 14, 2026
219-223 78TH Street #6E 219-223 78TH Street #6E, Apt 6E $335,000 1 BR Aug 12, 2026
8029 SHORE Road 8029 SHORE Road $3,200,000 3 BR Aug 5, 2026

Rental Market

1

Closed Rentals (30 Days)

$2,100/mo

Median Rent

Type Count Median Rent Range
1 BR Limited data Limited data Limited data

Based on 1 transaction. Limited volume may result in atypical metrics.

Recent Transactions

138 71st Street #B14 138 71st Street #B14, Apt B14 $2,100/mo 1 BR Jul 27, 2026

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RLS at REBNY Data provided by the RLS at REBNY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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