Downtown Brooklyn recorded 10 closed sales in the last 30 days at a median close price of $784K. Active inventory stands at 73 listings with a median asking price of $1.40M ($1,679/sqft). Condos dominate at 67% of inventory. 23.3% price reductions among active listings. 3 new listings hit the market this week, while 38 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 7.3 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: $1.40M Median
Milton Coste
Live from REBNY/RLS
August 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
73
Active Listings
$1.40M
Median Asking
10
Sold (30 Days)
7.3
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 73 |
| Pending Sales | 38 |
| Median Asking Price | $1.40M |
| Median Price/Sqft | $1,679 |
| Avg Days on Market | N/A |
| New This Week | 3 |
| Price Reduced | 17 (23.3%) |
| Sold (Last 30 Days) | 10 |
| Sold (Last 90 Days) | 16 |
| Median Sale Price (90d) | $784K |
| Sale-to-List Ratio | 99.8% |
| Months of Supply | 7.3 (buyer's market) |
Property Mix
Condo 67% (49)
Co-op 19% (14)
Condop 14% (10)
Recent Transactions
|
230 Jay Street #9F, Apt 9F | $525,000 | 1 BR | Aug 28, 2026 |
|
11 HOYT Street #18E, Apt 18E | $2,150,000 | 2 BR | Aug 21, 2026 |
|
10 Nevins Street #9-A, Apt 9-A | $1,155,000 | 2 BR | Aug 11, 2026 |
|
85 Livingston Street #3C, Apt 3C | $575,000 | 1 BR | Aug 14, 2026 |
|
96 Schermerhorn Street #12A, Apt 12A | $915,000 | 2 BR | Aug 13, 2026 |
|
85 FLEET Street #74A, Apt 74A | $2,325,000 | 2 BR | Aug 13, 2026 |
|
270 JAY Street #4F, Apt 4F | $536,000 | 1 BR | Aug 7, 2026 |
|
1 CITY Point #59E, Apt 59E | $3,015,000 | 3 BR | Aug 11, 2026 |
|
85 LIVINGSTON Street #18L, Apt 18L | $600,000 | 1 BR | Aug 6, 2026 |
|
365 Bridge Street #12H, Apt 12H | $1,435,000 | 3 BR | Aug 7, 2026 |
Rental Market
3
Closed Rentals (30 Days)
$4,175/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | Limited data | Limited data | Limited data |
Based on 3 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
89 DEKALB Avenue #25G, Apt 25G | $4,150/mo | Studio | Aug 11, 2026 |
|
89 DEKALB Avenue #25C, Apt 25C | $5,150/mo | 1 BR | Aug 11, 2026 |
|
89 DEKALB Avenue #23D, Apt 23D | $4,175/mo | Studio | Aug 11, 2026 |
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Active Listings in Downtown Brooklyn
View All
$1,395,000
10 NEVINS Street #11C
2 beds
2 baths
1,176 sqft
Condo
$645,000
150 MYRTLE Avenue #1502
Studio
1 bath
496 sqft
Condo
$1,390,000
1 CITY Point #26D
1 bed
1 bath
735 sqft
Condop
$2,295,000
1 CITY Point #48A
2 beds
2 baths
1,187 sqft
Condop
$1,299,888
1 CITY Point #16D
1 bed
1 bath
734 sqft
Condop
$915,000
110 Livingston Street #4F
Studio
1 bath
760 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.