Downtown Brooklyn recorded 2 closed sales in the last 30 days at a median close price of $940K. Active inventory stands at 86 listings with a median asking price of $1.39M ($1,650/sqft). Condos dominate at 67% of inventory. 23.3% price reductions among active listings. 2 new listings hit the market this week, while 39 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 43 months of supply, making it a buyer's market. As a Downtown Brooklyn 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 Downtown Brooklyn, call me at (917) 416-7433 for a personalized market analysis.
Downtown Brooklyn Market Report August 2026: $1.39M Median
Milton Coste
Live from REBNY/RLS
July 31, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
86
Active Listings
$1.39M
Median Asking
2
Sold (30 Days)
43
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 86 |
| Pending Sales | 39 |
| Median Asking Price | $1.39M |
| Median Price/Sqft | $1,650 |
| Avg Days on Market | N/A |
| New This Week | 2 |
| Price Reduced | 20 (23.3%) |
| Sold (Last 30 Days) | 2 |
| Sold (Last 90 Days) | 3 |
| Median Sale Price (90d) | $940K |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 43 (buyer's market) |
Property Mix
Condo 67% (58)
Co-op 20% (17)
Condop 13% (11)
Based on 2 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
365 BRIDGE Street #4F, Apt 4F | $1,120,000 | 3 BR | Jul 29, 2026 |
|
365 BRIDGE Street #4K, Apt 4K | $890,000 | Studio | Jul 29, 2026 |
Rental Market
No closed rentals recorded in the last 30 days for Downtown Brooklyn.
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Active Listings in Downtown Brooklyn
View All
$1,635,000
388 Bridge Street #39G
2 beds
2 baths
1,141 sqft
Condo
$2,425,000
388 Bridge Street #PH45AB
3 beds
3 baths
1,790 sqft
Condo
$1,150,000
176 Johnson Street #4-A
Studio
1 bath
1,100 sqft
Condo
$499,000
230 Jay Street #2E
1 bed
1 bath
630 sqft
Co-op
$999,999
150 Myrtle Avenue #1105
2 beds
1 bath
738 sqft
Condo
$2,350,000
10 Nevins Street #PH-I
3 beds
2 baths
1,582 sqft
Condo
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.