August 2026 Brooklyn Market Insights

August 2026 Brooklyn Market Insights

Hello,

Brooklyn contracts signed have remained above rolling seasonal averages since May of this year. While they are down just 2.9% from last month they are up 21.1% from last year showing continued resilience.

Price points below $3M saw a reduction in contracts signed while the mid and higher end saw continued activity.

The $10M-$20M range in Brooklyn shows continued strength, particularly for the Townhouse market.

The highest contract signed last month was a Townhouse in Cobble Hill last asking $11,900,000.

Here's wishing you a great end of summer!

BROOKLYN CHANGE IN CONTRACTS

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