Downtown Brooklyn recorded 6 closed sales in the last 30 days at a median close price of $945K. Active inventory stands at 91 listings with a median asking price of $1.34M ($1,426/sqft). Condos dominate at 74% of inventory. 26.4% price reductions among active listings. 2 new listings hit the market this week, while 40 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 15.2 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 May 2026: $1.34M Median
Milton Coste
Live from REBNY/RLS
May 20, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
91
Active Listings
$1.34M
Median Asking
6
Sold (30 Days)
15.2
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 91 |
| Pending Sales | 40 |
| Median Asking Price | $1.34M |
| Median Price/Sqft | $1,426 |
| Avg Days on Market | N/A |
| New This Week | 2 |
| Price Reduced | 24 (26.4%) |
| Sold (Last 30 Days) | 6 |
| Sold (Last 90 Days) | 6 |
| Median Sale Price (90d) | $945K |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 15.2 (buyer's market) |
Property Mix
Condo 74% (67)
Co-op 14% (13)
Condop 12% (11)
Recent Transactions
|
110 Livingston Street #7D, Apt 7D | $1,525,000 | 2 BR | May 11, 2026 |
|
319 Schermerhorn Street #17/A, Apt 17/A | $1,950,000 | 3 BR | May 11, 2026 |
|
175 Willoughby Street #1A, Apt 1A | $949,000 | 2 BR | May 12, 2026 |
|
96 Schermerhorn Street #8E, Apt 8E | $760,000 | 1 BR | May 6, 2026 |
|
138 WILLOUGHBY Street #31G, Apt 31G | $940,000 | Studio | May 12, 2026 |
|
270 JAY Street #6B, Apt 6B | $325,000 | Studio | May 13, 2026 |
Rental Market
3
Closed Rentals (30 Days)
$7,650/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 2 BR | Limited data | Limited data | Limited data |
Based on 3 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
89 DEKALB Avenue #4S, Apt 4S | $4,500/mo | Studio | May 18, 2026 |
|
89 DEKALB Avenue #17F, Apt 17F | $7,650/mo | 2 BR | May 18, 2026 |
|
55 FLEET Street #17G, Apt 17G | $8,663/mo | 2 BR | May 13, 2026 |
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Active Listings in Downtown Brooklyn
View All
$975,000
365 BRIDGE Street #10L
1 bed
1 bath
1,059 sqft
Condo
$960,000
319 SCHERMERHORN Street #8B
1 bed
1 bath
716 sqft
Condo
$699,000
176 Johnson Street #4-G
1 bed
1 bath
614 sqft
Condo
$1,295,000
150 Myrtle Avenue #2706
2 beds
2 baths
1,033 sqft
Condo
$1,100,000
53 BOERUM Place #7B
2 beds
2 baths
946 sqft
Condo
$2,350,000
1 City Point #43H
2 beds
2 baths
1,178 sqft
Condop
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.