BEDROOMS
4-bedroom contracts remained low but stable, with a slight decrease from 2 to 3 contracts and an increase in DOM from 127 to 81 days, highlighting limited inventory and longer selling times.
CO-OP MARKET REPORT
In Brooklyn's co-op market, contracts signed decreased from 105 in the prior year to 91 this year, with the median DOM shortening from 53 to 49.5 days, indicating slightly fewer deals but faster closings.
for recorded co-op sales rose from a median of $475K to $538K, with price per square foot increasing from $496 to $580, reflecting continued
Range Oct 2024 vs Oct 2025
Signed contracts for studios increased slightly from 13 to 15, but the median DOM shortened significantly from 126 to 56 days, signaling quicker sales despite market fluctuations.
Studio sale prices climbed from $300K to nearly $374K, and price per sf jumped from $478 to over $803, highlighting a strong price appreciation in this segment.
ONE BEDROOMS
MARKET - 1 BEDROOMS
Date Range Oct 2024 vs Oct 2025
1-bedroom contracts held steady at 3842, with DOM stable at around 52 days, suggesting consistent buyer activity.
Median prices for 1-bed units slightly declined from $470K to $455K, while price per sf decreased from about $492 to $454, indicating some softening in transaction prices.
TWO BEDROOMS
2-bed signed contracts dipped from 40 to 27, with DOM increasing from 42 to 43 days, pointing to a slower pace in closing larger units.
Median sale prices rose from $635K to $760K, and price per sf surged from $505 to over $658, demonstrating strong growth in more spacious co-ops.
THREE BEDROOMS
-
3-bed contracts shrank from 14 to 6, and DOM increased from 59 to 72 days, reflecting softer demand for larger apartments.
Median prices jumped dramatically from about $814K to over $2.21M, with price per sf decreasing slightly but remaining high at 392 vs. 430, indicating high-value sales despite slower negotiations.
FOUR+ BEDROOMS
Only 1 contract was signed for a 4-bed unit this period, down from none previously, with DOM at 81 days, signaling limited activity in this category.
No recorded sales for 4-bed co-ops, suggesting buyers are more cautious or inventory is limited at this larger scale.
PRICE / SF
TOWNHOUSE MARKET REPORT
Contract signings in Brooklyn have decreased from 109 last October to 74 this October, with the median days on market increasing from 79 to 111 days, indicating a slowdown in activity and longer times to sell.
Recorded sales prices have risen from a median of $1.08M last year to $1.17M this year, with price per square foot also increasing from $546 to $562, reflecting steady price growth despite fewer contracts.
BROOKLYN REAL ESTATE MONTHLYTRENDS
Market Overview
The Brooklyn real estate market in October 2025 demonstrated mixed trends across various market segments. Overall contracts signed increased by 10.60% and the dollar volume also rose by 11.80%, while average price per square foot (PPSF) showed a decline of 5.67%.
New Development
New development activity faced challenges, with contracts signed dropping by 16.67%. Dollar volume similarly fell by 13.21%, although a noteworthy 10.34% increase was observed in new listings. Interestingly, average prices of new developments climbed by 4.14%, indicating demand for premium inventory.
Luxury ($4M+)
The luxury segment saw a substantive 54.55% increase in contracts signed, accompanied by a 60.03% boost in dollar volume, suggesting robust activity. However, PPSF decreased by 7.59%, and average price experienced a slight uptick of 3.55%, pointing to buyers seeking more value for their investments.
Resale Condo
The resale condo market experienced an uptick in contract signings by 22.97%, with the dollar volume increasing by 16.50%. However, average PPSF was down slightly by 5.17%. Interestingly, new listings decreased significantly by 38.69%, hinting at constrained supply driving up buyer interest.
Single-Family
Significant growth was seen in the single-family segment, with contracts signed soaring by 93.33% and dollar volume up by 97.82%. This market also saw price appreciation, with a 2.32% increase, reflecting a robust demand for single-family homes.
Multi-Family
The multi-family market showed resilience with a 4.65% rise in contracts, while new listings increased by 8.28%. However, recorded sales dropped by 10.15%, despite a 13.54% increase in the average price, suggesting a selective buying pattern prioritizing higher-end options.
Exclusively Prepared by: Anil Jintoorkar
Liquidity Pace Chart
536
60 Days On Market
Anil Jintoorkar (Douglas Elliman Real Estate)
Email: anil.jintoorkar@elliman.com
Phone: 917 568 3041
Exclusively Prepared by: Anil Jintoorkar All Brooklyn Market Snapshot
Monthly New Supply New Listings In October
909
$998k Median Sale Price
Net Inventory Trends Net
Median Listing Discount
1,847
48
3.8 Months Of Inventory
Absorption Rate As Of October
Sales Over Asking Price Sold Above Ask In August
Anil Jintoorkar (Douglas Elliman Real Estate)
Email: anil.jintoorkar@elliman.com
Phone: 917 568 3041