Downtown Brooklyn recorded 10 closed sales in the last 30 days at a median close price of $1.22M. Active inventory stands at 100 listings with a median asking price of $1.39M ($1,429/sqft). Condos dominate at 71% of inventory. 30.0% price reductions among active listings. 3 new listings hit the market this week, while 32 properties are under contract. At current absorption rates, Downtown Brooklyn has approximately 10 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
October 2, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
100
Active Listings
$1.39M
Median Asking
10
Sold (30 Days)
10
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 100 |
| Pending Sales | 32 |
| Median Asking Price | $1.39M |
| Median Price/Sqft | $1,429 |
| Avg Days on Market | N/A |
| New This Week | 3 |
| Price Reduced | 30 (30.0%) |
| Sold (Last 30 Days) | 10 |
| Sold (Last 90 Days) | 34 |
| Median Sale Price (90d) | $1.22M |
| Sale-to-List Ratio | 99.7% |
| Months of Supply | 10 (buyer's market) |
Property Mix
Condo 71% (71)
Co-op 19% (19)
Condop 10% (10)
Recent Transactions
|
1 CITY Point #53C, Apt 53C | $2,300,000 | 2 BR | Oct 1, 2026 |
|
1 CITY Point #45C, Apt 45C | $2,160,000 | 2 BR | Oct 1, 2026 |
|
1 CITY Point #66C, Apt 66C | $2,430,000 | 2 BR | Oct 1, 2026 |
|
96 SCHERMERHORN Street #14G, Apt 14G | $499,000 | Studio | Sep 8, 2026 |
|
365 BRIDGE Street #14D, Apt 14D | $1,595,000 | 2 BR | Sep 30, 2026 |
|
110 Livingston Street #3B, Apt 3B | $1,414,750 | 2 BR | Sep 28, 2026 |
|
195 ADAMS Street #10CD, Apt 10CD | $1,695,000 | 3 BR | Sep 28, 2026 |
|
150 Myrtle Avenue #2504, Apt 2504 | $880,000 | 1 BR | Sep 21, 2026 |
|
365 BRIDGE Street #4K, Apt 4K | $890,000 | Studio | Sep 10, 2026 |
|
1 CITY Point #23E, Apt 23E | $2,050,000 | 2 BR | Sep 9, 2026 |
Rental Market
8
Closed Rentals (30 Days)
$7,343/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | Limited data | Limited data | Limited data |
| 2 BR | 5 | $7,899/mo | $6,850 - $9,699 |
Recent Transactions
|
89 DEKALB Avenue #25E, Apt 25E | $7,950/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #3C, Apt 3C | $4,750/mo | 1 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #29F, Apt 29F | $9,699/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #23E, Apt 23E | $7,835/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #25D, Apt 25D | $4,200/mo | Studio | Sep 15, 2026 |
|
89 DEKALB Avenue #23C, Apt 23C | $5,075/mo | 1 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #22E, Apt 22E | $7,899/mo | 2 BR | Sep 15, 2026 |
|
89 DEKALB Avenue #19J, Apt 19J | $6,850/mo | 2 BR | Sep 15, 2026 |
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Active Listings in Downtown Brooklyn
View All
$785,000
11 Hoyt Street #16F
Studio
1 bath
453 sqft
Condo
$1,187,500
11 Hoyt Street #53B
1 bed
1 bath
695 sqft
Condo
$695,000
189 SCHERMERHORN Street #23H
1 bed
1 bath
510 sqft
Condo
$1,299,888
1 CITY Point #16D
1 bed
1 bath
Condop
$1,150,000
176 Johnson Street #4-A
Studio
1 bath
1,100 sqft
Condo
$1,390,000
1 CITY Point #26D
1 bed
1 bath
735 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.