Downtown Brooklyn recorded 24 closed sales in the last 30 days at a median close price of $1.52M. Active inventory stands at 102 listings with a median asking price of $1.57M ($1,571/sqft). Condos dominate at 69% of inventory. 22.5% price reductions among active listings. 8 new listings hit the market this week, while 50 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 4.3 months of supply, making it a balanced 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 July 2026: $1.57M Median
Milton Coste
Live from REBNY/RLS
June 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
102
Active Listings
$1.57M
Median Asking
24
Sold (30 Days)
4.3
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 102 |
| Pending Sales | 50 |
| Median Asking Price | $1.57M |
| Median Price/Sqft | $1,571 |
| Avg Days on Market | N/A |
| New This Week | 8 |
| Price Reduced | 23 (22.5%) |
| Sold (Last 30 Days) | 24 |
| Sold (Last 90 Days) | 33 |
| Median Sale Price (90d) | $1.52M |
| Sale-to-List Ratio | 100.3% |
| Months of Supply | 4.3 (balanced market) |
Property Mix
Condo 69% (70)
Co-op 17% (17)
Condop 14% (14)
Recent Transactions
Rental Market
4
Closed Rentals (30 Days)
$4,593/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | Limited data | Limited data | Limited data |
| 3+ BR | Limited data | Limited data | Limited data |
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
140 Central Avenue #2R, Apt 2R | $4,250/mo | 3 BR | Jun 25, 2026 |
|
89 DEKALB Avenue #21E, Apt 21E | $6,150/mo | 1 BR | Jun 22, 2026 |
|
89 DEKALB Avenue #19G, Apt 19G | $3,985/mo | Studio | Jun 16, 2026 |
|
89 DEKALB Avenue #17D, Apt 17D | $4,935/mo | 1 BR | Jun 2, 2026 |
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Active Listings in Downtown Brooklyn
View All
$360,000
215 Adams Street #2D
Studio
1 bath
Co-op
$1,250,000
150 Myrtle Avenue #1003
2 beds
2 baths
1,052 sqft
Condo
$3,000,000
289 SCHERMERHORN Street #11C
3 beds
4 baths
1,872 sqft
Condo
$2,000,000
289 SCHERMERHORN Street #9B
2 beds
3 baths
1,035 sqft
Condo
$995,000
289 SCHERMERHORN Street #8F
1 bed
1 bath
595 sqft
Condo
$799,000
189 BRIDGE Street #10A
1 bed
2 baths
733 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.