Downtown Brooklyn recorded 9 closed sales in the last 30 days at a median close price of $1.75M. Active inventory stands at 97 listings with a median asking price of $1.35M ($1,405/sqft). Condos dominate at 72% of inventory. 19.6% price reductions among active listings. 10 new listings hit the market this week, while 35 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 10.8 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 Update: March 2026
Milton Coste
Live from REBNY/RLS
March 24, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
97
Active Listings
$1.35M
Median Asking
9
Sold (30 Days)
10.8
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 97 |
| Pending Sales | 35 |
| Median Asking Price | $1.35M |
| Median Price/Sqft | $1,405 |
| Avg Days on Market | N/A |
| New This Week | 10 |
| Price Reduced | 19 (19.6%) |
| Sold (Last 30 Days) | 9 |
| Sold (Last 90 Days) | 27 |
| Median Sale Price (90d) | $1.75M |
| Sale-to-List Ratio | 99.9% |
| Months of Supply | 10.8 (buyer's market) |
Property Mix
Condo 72% (70)
Co-op 25% (24)
Condop 3% (3)
Recent Transactions
|
110 Livingston Street #9P, Apt 9P | $992,888 | 1 BR | Mar 10, 2026 |
|
191 Willoughby Street #11K, Apt 11K | $535,000 | 1 BR | Feb 27, 2026 |
|
365 BRIDGE Street #2C, Apt 2C | $1,750,000 | 3 BR | Mar 11, 2026 |
|
189 SCHERMERHORN Street #7B, Apt 7B | $825,000 | 1 BR | Mar 6, 2026 |
|
1 CITY Point #PHE, Apt PHE | $3,350,000 | 3 BR | Mar 5, 2026 |
|
1 CITY Point #63A, Apt 63A | $2,550,000 | 2 BR | Mar 2, 2026 |
|
1 CITY Point #18E, Apt 18E | $1,995,000 | 2 BR | Feb 24, 2026 |
|
85 LIVINGSTON Street #9F, Apt 9F | $540,000 | Studio | Feb 26, 2026 |
|
189 SCHERMERHORN Street #20J, Apt 20J | $1,128,270 | 2 BR | Feb 25, 2026 |
Rental Market
8
Closed Rentals (30 Days)
$5,350/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 4 | $5,350/mo | $4,799 - $5,600 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
89 DEKALB Avenue #6J, Apt 6J | $4,799/mo | 1 BR | Mar 23, 2026 |
|
89 DEKALB Avenue #23U, Apt 23U | $5,400/mo | 1 BR | Mar 23, 2026 |
|
89 DEKALB Avenue #19B, Apt 19B | $3,875/mo | Studio | Mar 23, 2026 |
|
540 Fulton Street #12-B, Apt 12-B | $2,646/mo | Studio | Mar 17, 2026 |
|
89 DEKALB Avenue #22A, Apt 22A | $7,500/mo | 2 BR | Mar 16, 2026 |
|
89 DEKALB Avenue #23A, Apt 23A | $7,535/mo | 2 BR | Mar 10, 2026 |
|
89 DEKALB Avenue #20U, Apt 20U | $5,300/mo | 1 BR | Mar 10, 2026 |
|
89 DEKALB Avenue #20A, Apt 20A | $5,600/mo | 1 BR | Mar 10, 2026 |
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Active Listings in Downtown Brooklyn
View All
$2,650,000
388 Bridge Street #PH45AB
3 beds
3 baths
1,731 sqft
Condo
$599,999
388 Bridge Street #37D
Studio
1 bath
530 sqft
Condo
$1,375,000
150 MYRTLE Avenue #1103
2 beds
2 baths
1,052 sqft
Condo
$1,995,000
319 Schermerhorn Street #17/A
3 beds
3 baths
1,604 sqft
Condo
$1,580,000
319 Schermerhorn Street #20B
2 beds
3 baths
1,219 sqft
Condo
$1,400,000
189 Bridge Street #9B
2 beds
2 baths
1,145 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.