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