102 homes closed in Bay Ridge between April and June at a $681,500 median and an $826,354 average, and the clock is the story. The median sale spent 94 days on the market, 51% of reporting sales ran past 90, and the typical closing landed about 4.4% under ask, the widest gap of any neighborhood we track (Compass closed-sales records, Q2 2026). Buyers hold the leverage here, and sellers can win it back with the first number. This is the monthly Bay Ridge market report, refreshed as new closings record; the borough-wide picture lives in our Brooklyn market report.
What sold, and for how much
Property type | Sales (Q2) | Median sale price | Average sale price | Avg. price per sq ft | Median days on market | At or above ask |
|---|---|---|---|---|---|---|
Condos | 12 | $742,875 | $802,144 | $788 | 104 | 10% |
Co-ops | 49 | $390,000 | $408,763 | $504 | 90 | 33% |
Houses | 41 | $1,350,000 | $1,332,512 | $618 | 98 | 19% |
Co-ops are the volume lane and the entry lane: 49 sales at a $390,000 median, below the borough's $443,914 co-op median, most reaching contract around 90 days. Houses ran a $1,350,000 median across 41 sales, and just 19% cleared ask. Condos were the quarter's slowest seat, 12 sales at a $742,875 median over a 104-day median with 1 of 10 reporting sales clearing ask, a thin sample worth reading gently (Compass closed-sales records, Q2 2026).
Where the money went
Bay Ridge trades at both ends. 38% of sales closed under $500,000, nearly all co-ops, while 28% cleared $1,200,000, nearly all houses, and the middle runs thinner than you'd expect: 18% between $500,000 and $800,000, 16% between $800,000 and $1,200,000. Bedrooms ladder from a $329,000 one-bedroom median across 25 sales to $615,000 for two-bedrooms across 29, $1,316,862 for three-bedrooms across 12, and the five and six-bedroom houses at $1,475,000 and $1,445,000 medians (Compass closed-sales records, Q2 2026).
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Pace, negotiation, and the quarter's rhythm
Only 19% of reporting sales reached contract inside 30 days, 18% took 31 to 60, 12% took 61 to 90, and 51% ran longer than 90 (Compass closed-sales records, Q2 2026). Monthly medians climbed from $503,880 in April to $719,750 in May and $950,000 in June, and that ladder is mix, not a price run: April's 33 closings were two-thirds co-ops, while June's 39 leaned to houses. The exception proves the pricing rule here. The quarter's top sale, a three-bedroom single-family on 82nd Street, closed at $1,999,999 in 8 days, because a home priced to its comps skips the 94-day line entirely.
For buyers right now
This is the borough's most patient market, so act like it. Compare buildings, run the full inspection, and negotiate from the days on market, because the median seller here gave back about 4.4% and half the listings you'll tour have been sitting past 90 days. Your urgency should show up only for the rare correctly priced listing, the 82nd Street kind, which moves in days and won't wait for your second visit.
For sellers right now
Your first price decides which Bay Ridge you experience: the 8-day version or the 51% that sat past 90 and negotiated from behind. Price against what closed on your blocks this quarter, prep and shoot the home properly, and resist testing the top, because this market tests back with months of carrying costs and a wider discount at the table.
Questions buyers and sellers ask
Quick answers on the Bay Ridge housing market, straight from the Q2 closed-sales record.
How much does a house in Bay Ridge cost?
The 41 Q2 2026 house sales posted a $1,350,000 median. Co-ops ran a $390,000 median across 49 sales, and the 12 condo sales a $742,875 median (Compass closed-sales records, Q2 2026).
Is Bay Ridge a buyer's market right now?
The Q2 record says yes. The median sale spent 94 days on the market, 51% of reporting sales ran past 90, and the typical closing landed about 4.4% under asking.
Why are Bay Ridge co-ops so much cheaper?
They're the neighborhood's entry lane: a $390,000 Q2 median, below the borough's $443,914 co-op median, with board approval and financing rules as the usual tradeoff for the price.
How long does it take to sell in Bay Ridge?
The Q2 median was 94 days, and only 19% of reporting sales reached contract inside 30. Priced-right homes are the exception: the quarter's top sale on 82nd Street went in 8 days.
What are property taxes like in Bay Ridge?
Among Q2 sales recording a tax bill, the median was about $842 a month on houses and $358 a month on condos. Co-op taxes are paid through the building inside monthly maintenance.
Fouad Rahmé
Founder, the Rahmé Team at Compass
The Rahmé Team advises buyers, sellers, investors, and developers across Brooklyn, with 40 years of combined experience, more than 1,000 clients and transactions, and over $800 million in career sales, $167 million of it since 2020. RealTrends Verified ranks the team in the top 1.5% of real estate professionals nationwide. Every number on this page comes from closed-sales records the team pulls and computes itself.
Contact the team or call (718) 233-3365.
What would your home sell for right now?
The Rahmé Team at Compass tracks Bay Ridge closings street by street, co-op lines included, and a neighborhood median can't price your building, your layout, or your block. Call (718) 233-3365 or contact us with the address. The borough-wide numbers live in the Brooklyn market report.
All figures Q2 2026, computed from Compass closed-sales records pulled July 21, one record per sale, condos, co-ops, and houses only. At-or-above shares cover sales reporting an asking price: 10 condos, 43 co-ops, 36 houses. Price per square foot covers the 91 sales reporting size.
Next update: August 2026, once July's closings post.
