Flatbush sold fewer homes than a year ago in Q3 2026, but prices rose and sellers negotiated from a stronger position.
A total of 127 homes sold, representing $96.8 million in total sales, during the quarter. The median sale price reached $755,000, up 7.9% year over year, and 107 of 127 sales closed below $1 million. The typical reporting sale finished 2.6% below its original asking price. The full report adds bedroom- and building-level performance plus detailed guidance.
Data source: Market figures in this article are based on Compass closed-sales data for July 1 to September 30, 2026, cross-checked against NYC ACRIS, NYC Department of Buildings and NYC Department of Finance records. Detailed inclusion rules and metric sample sizes appear in the methodology below.
Flatbush at a glance
These figures describe the homes that sold and should not be interpreted as the change in value of an individual property. Asking-price results compare the closed price with the original list price.
Three segments, three different markets
Houses supplied nearly three-quarters of all sales and carried the quarter. Co-ops remained the lowest-cost ownership option, while only seven condos closed, too few to treat as a trend.
Property type | Sales | Median price | Average price | Median DOM | Avg. vs original ask |
|---|---|---|---|---|---|
1 to 4 family homes | 91 | $850,000 | $909,000 | 54 | 2.0% below |
Condominiums | 7 | $615,000 | $657,551 | 73* | 3.8% below* |
Co-operative apartments | 29 | $295,000 | $325,753 | 85 | 3.6% below |
All Flatbush | 127 | $755,000 | $761,958 | 63 | 2.6% below |
DOM = days on market. Property-type results use only transactions reporting the relevant metric. Small-sample results are labeled rather than overinterpreted. The full report provides sample sizes and deeper breakdowns.
What the mix tells us
Houses rose to 72% of all sales from 63% a year earlier. The market remained attainable by Brooklyn standards: 107 of 127 transactions closed below $1 million, including 71 of 91 houses.
Homes that missed the market paid for it
Homes that never reduced took a median 59 days and sold 1.3% below original ask. Homes that cut took 167 days and sold 8.4% below. On an $850,000 house, the report estimates an approximately $72,250 gap between the average outcomes for houses that cut and those that held.
What buyers and sellers should notice
1 to 4 Family Homes
Ninety-one houses closed at an $850,000 median. Single-family homes came closest to full price at 1.2% below original ask; two-family homes reached a $900,000 median but took longer to sell.
Condominiums
Only seven condos closed at a $615,000 median. Five were two-bedrooms; the segment is best treated as a snapshot.
Co-operative Apartments
Twenty-nine co-ops closed at a $295,000 median. One- and two-bedrooms made up 23 of the sales, while the overall segment took a median 85 days.
Flatbush remained comparatively attainable, but the strongest demand gathered around single-family houses below $1 million. Sellers gained ground, while homes that started too high still paid for it in both time and price.
Fouad Rahmé, Principal & Founder, Rahmé Team at Compass
Closed sales cannot establish today’s inventory or competition. Current listings and buyer feedback also matter.
What does this market mean for your home?
A neighborhood median cannot price your block, building, renovation or property type. Speak with Fouad about the recent sales most relevant to your plans.
Flatbush Q3 2026 market questions
Click the + sign to reveal each answer.
What was the Flatbush median price in Q3 2026?
The median sale price was $755,000 across 127 sales.
How many Flatbush homes sold below $1 million?
A total of 107 of 127 sales closed below $1 million.
Did Flatbush homes sell above asking?
The average result was 2.6% below original ask; 25 of 79 sold above their original asking price.
How quickly did homes sell?
The median was 63 days among the 81 sales reporting days on market.
Which property type dominated sales?
Houses accounted for 91 sales, or 72% of the quarter.
What is included in the full report?
Bedroom-level apartment analysis, house results by building type, pricing strategy and detailed buyer and seller guidance.
Fouad Rahmé
Principal & Founder, 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. RealTrends Verified ranks the team in the top 1.5% of real estate professionals nationwide.
Contact the team or call (718) 233-3365.
Rahmé Team is committed to the principles of the Fair Housing Act. We do not discriminate on the basis of race, color, national origin, religion, sex, disability or familial status. All real estate advertising on this site is subject to the Fair Housing Act.
