October 1 to 31, 2026 closings · Brooklyn neighborhoods
The short answer
It depends on your neighborhood and the type of home you own. In October 2026, sellers had the clear edge in Prospect Heights, Brooklyn Heights and Park Slope, where 60% to 75% of homes sold at or above their original asking price. In Marine Park, Bath Beach and Mill Basin, buyers had the leverage: one home in eight or fewer reached its asking price, and sales closed about 6.5% below the original price.
By Fouad Rahmé, Principal & Founder, Rahmé Team at Compass. The Rahmé Team has 40 years of combined experience and more than 1,000 Brooklyn clients and transactions.
01 / Seller's market or buyer's market
Which Brooklyn neighborhoods favor sellers right now?
We sorted every Brooklyn neighborhood with at least 10 closed sales in October by one simple test: how often homes sold at or above their original asking price. Five neighborhoods cleared 60%. Prospect Heights led at 75%, with the average sale finishing 1.9% above asking. Brooklyn Heights followed at 71%, then Kensington at 67%, Park Slope at 62% and Boerum Hill at 60%.
At the other end, homes in Marine Park, Bath Beach, Mill Basin, Sheepshead Bay, Midwood, Bedford-Stuyvesant, Gravesend, Bushwick, Brighton Beach and Bay Ridge reached asking less than 30% of the time. Most of Brooklyn sat in between.
Neighborhood | Market | Sales | Median price | Avg. vs. original ask | At or above ask | Median days to contract |
|---|---|---|---|---|---|---|
Prospect Heights | Sellers have the edge | 20 | $1,787,500 | 1.9% above | 75% | 51 |
Brooklyn Heights | Sellers have the edge | 20 | $1,065,000 | 0.4% above | 71% | 43 |
Kensington | Sellers have the edge | 16 | $910,000 | 2.3% below | 67% | 63 |
Park Slope | Sellers have the edge | 29 | $1,315,000 | 0.3% above | 62% | 44.5 |
Boerum Hill | Sellers have the edge | 13 | $1,795,000 | 1.8% below | 60% | 44 |
Downtown Brooklyn | Balanced | 10 | $1,213,750 | 1.7% below | 56% | 90 |
Clinton Hill | Balanced | 19 | $1,101,999 | 2.9% below | 47% | 41 |
Williamsburg | Balanced | 44 | $1,440,503 | 3.3% below | 44% | 80 |
Sunset Park | Balanced | 15 | $1,290,000 | 7.6% below | 42% | 61 |
East New York | Balanced | 15 | $840,000 | 1.0% below | 40% | 79 |
East Flatbush | Balanced | 15 | $738,000 | 2.1% below | 38% | 67 |
Dyker Heights | Balanced | 22 | $1,324,000 | 1.7% below | 38% | 36 |
Greenpoint | Balanced | 12 | $1,632,500 | 4.0% below | 38% | 43 |
Canarsie | Balanced | 20 | $935,000 | 2.0% below | 36% | 57 |
Crown Heights | Balanced | 25 | $1,282,500 | 5.5% below | 35% | 57 |
Bensonhurst | Balanced | 16 | $1,297,499 | 6.5% below | 33% | 36.5 |
Bay Ridge | Buyers have leverage | 34 | $545,500 | 4.1% below | 29% | 63 |
Brighton Beach | Buyers have leverage | 13 | $680,000 | 4.1% below | 29% | 163.5 |
Bushwick | Buyers have leverage | 25 | $992,794 | 6.5% below | 28% | 100 |
Gravesend | Buyers have leverage | 20 | $1,102,500 | 4.0% below | 26% | 71 |
Bedford-Stuyvesant | Buyers have leverage | 29 | $1,674,999 | 3.0% below | 25% | 79 |
Midwood | Buyers have leverage | 27 | $825,000 | 4.9% below | 24% | 54 |
Sheepshead Bay | Buyers have leverage | 27 | $809,000 | 4.3% below | 17% | 53 |
Mill Basin | Buyers have leverage | 11 | $990,000 | 6.7% below | 12% | 63 |
Bath Beach | Buyers have leverage | 20 | $1,005,000 | 6.5% below | 11% | 68 |
Marine Park | Buyers have leverage | 18 | $893,500 | 6.5% below | 8% | 45.5 |
October 1 to 31, 2026 closings of condos, co-ops and 1 to 4 family homes. Neighborhoods with 10 or more sales. Asking price results use sales with a usable listing record.
Takeaway
Brooklyn is not one market. The same month produced bidding in Prospect Heights and steady negotiation in Marine Park.
02 / By type of home
Does it depend on what kind of home I am selling?
Yes, and often more than the neighborhood itself. Condos were the strongest story for sellers in brownstone Brooklyn: 75% of Park Slope condos sold at or above asking. Co-ops competed hard in Brooklyn Heights (77%) and Clinton Hill (71%). Houses told a different story. Crown Heights houses sold an average of 11.7% below their original asking price, and none of the seven with a usable listing record reached it, while East Flatbush houses sold at or above asking 56% of the time.
Neighborhood | Type | Sales | Median price | Avg. vs. original ask | At or above ask |
|---|---|---|---|---|---|
Park Slope | Condo | 14 | $1,801,944 | 1.5% above | 75% (9 of 12) |
Boerum Hill | Condo | 9 | $2,750,000 | 1.3% below | 62% (5 of 8)† |
Williamsburg | Condo | 35 | $1,395,000 | 3.5% below | 40% (10 of 25) |
Bedford-Stuyvesant | Condo | 8 | $1,172,500 | 7.3% below | 14% (1 of 7)† |
Brooklyn Heights | Co-op | 15 | $770,000 | 1.3% above | 77% (10 of 13) |
Clinton Hill | Co-op | 7 | $815,000 | 0.7% above | 71% (5 of 7)† |
Park Slope | Co-op | 11 | $880,000 | 2.0% below | 56% (5 of 9)† |
Bay Ridge | Co-op | 20 | $404,000 | 3.0% below | 24% (4 of 17) |
East Flatbush | 1 to 4 family | 11 | $794,000 | 0.7% above | 56% (5 of 9)† |
Dyker Heights | 1 to 4 family | 21 | $1,330,000 | 1.7% below | 40% (6 of 15) |
Bay Ridge | 1 to 4 family | 13 | $1,520,000 | 5.8% below | 31% (4 of 13) |
Bushwick | 1 to 4 family | 14 | $1,251,500 | 9.6% below | 20% (2 of 10) |
Crown Heights | 1 to 4 family | 14 | $1,461,250 | 11.7% below | 0% (0 of 7)† |
Sheepshead Bay | 1 to 4 family | 15 | $1,015,000 | 7.0% below | 7% (1 of 14) |
† Based on fewer than 10 sales with a usable listing record. Treat as an indication, not a trend.
Takeaway
Look at results for your type of home in your neighborhood. A strong condo market next door says little about how a house will sell.
03 / Price per square foot
What is my type of home selling for per square foot?
Price per square foot shows how much space a buyer's budget buys in each neighborhood. Condos in DUMBO sold at a median of about $1,722 per square foot and Williamsburg condos at about $1,592, compared with about $965 in Bedford-Stuyvesant. Among houses, Dyker Heights, Midwood, Bay Ridge and Bedford-Stuyvesant clustered between $729 and $768 per square foot, while Canarsie and Bushwick sat near $420 to $440.
Condos | Median price per sq. ft. | Sales |
|---|---|---|
DUMBO | $1,722 | 9† |
Williamsburg | $1,592 | 31 |
Boerum Hill | $1,548 | 9† |
Prospect Heights | $1,486 | 11 |
Park Slope | $1,457 | 12 |
Bedford-Stuyvesant | $965 | 8† |
Bushwick | $944 | 8† |
1 to 4 family homes | Median price per sq. ft. | Sales |
|---|---|---|
Dyker Heights | $768 | 21 |
Midwood | $765 | 15 |
Bay Ridge | $756 | 13 |
Bedford-Stuyvesant | $729 | 19 |
Crown Heights | $670 | 13 |
Marine Park | $482 | 16 |
Bushwick | $437 | 13 |
Canarsie | $422 | 18 |
Square footage as reported in Compass listing records; co-ops are not measured by price per square foot. † Fewer than 10 sales.
Takeaway
Price per square foot is a starting point, not a valuation. Layout, condition, light and outdoor space move the number on every block.
04 / Timing
How fast will my home go into contract?
The fastest neighborhoods in October were Dyker Heights at a median of 36 days from listing to contract, Bensonhurst at 36.5 and Clinton Hill at 41, with Brooklyn Heights and Greenpoint at 43 days and Park Slope at 44.5. The slowest were Brighton Beach at about 164 days, Bushwick at 100 and Downtown Brooklyn at 90. By type, Marine Park houses moved quickest at about 35 days, while condos in Bedford-Stuyvesant, Bushwick and DUMBO took 106 to 111 days.
Takeaway
A fast market rewards a ready home on day one. A slower market rewards patience and a price that holds up to comparison.
05 / Pricing
What does pricing too high cost a seller?
The gap shows up in the final price. Crown Heights houses closed at a median of $1,461,250 and an average of 11.7% below their original asking price. A house that sells for $1,461,250 at that discount was originally listed near $1,655,700, a difference of about $194,400. In Dyker Heights, houses sold an average of 1.7% below asking; on that neighborhood's $1,330,000 median, the gap is about $22,500.
Arithmetic: original ask = sale price / (1 minus average discount). $1,461,250 / (1 minus 0.1174) = $1,655,700. $1,330,000 / (1 minus 0.0166) = $1,352,500. These figures describe a pattern across sales, not proof that pricing alone caused each result.
Takeaway
Where buyers have leverage, the first price matters most. Starting high often ends lower than starting right.
06 / Next steps
What should I do if I am thinking of selling?
If sellers have the edge in your area
Price close to the best recent sales of your type of home and prepare it to show well from the first weekend. In these neighborhoods most of the negotiating power sits with you, but only while the listing is new.
If your area is balanced
Let the closest comparable sales set the price, not the neighborhood median. Small differences in condition and layout decide which homes reach asking.
If buyers have leverage
Expect buyers to compare carefully and negotiate. A realistic opening price protects your final number more than a later price cut.
Fouad's market read
October showed how local Brooklyn really is. Sellers of well priced condos and co-ops in brownstone Brooklyn were still getting their number, often in about six weeks. House sellers in several neighborhoods were not, and the gap came down to where they started.
Fouad Rahmé, Principal & Founder, Rahmé Team at Compass
What does this market mean for your home?
A neighborhood figure cannot price your block, building or renovation. Speak with Fouad about the recent sales that matter for your home.
Glossary
Original asking price: the first price a home was listed at, before any price reductions.
Average vs. original ask: how far, on average, the final sale price landed above or below the original asking price.
At or above ask: the share of sales that closed at or above the original asking price.
Days to contract: days from the listing date to a signed contract, as reported by Compass.
Median price: the middle sale price, with half of sales above and half below.
For neighborhood detail, see our Park Slope Q3 2026 market report.
07 / FAQ
Brooklyn seller questions, October 2026
Click the + sign to reveal each answer.
Is it a seller's market in Brooklyn right now?
It depends on the neighborhood. In October 2026, 60% to 75% of homes sold at or above their original asking price in Prospect Heights, Brooklyn Heights, Kensington, Park Slope and Boerum Hill, while fewer than 30% did in ten neighborhoods, including Marine Park, Bath Beach and Mill Basin.
Which Brooklyn neighborhood had the most homes sell above asking in October 2026?
Prospect Heights. 75% of its sales closed at or above the original asking price, and the average sale finished 1.9% above asking. Brooklyn Heights was close behind at 71%.
How long does it take to sell a home in Brooklyn?
In October 2026, the median time from listing to contract ranged from 36 days in Dyker Heights and 41 days in Clinton Hill to about 164 days in Brighton Beach. Timing depends heavily on the neighborhood and the type of home.
Are condos, co-ops or houses selling best for Brooklyn sellers?
In October 2026, condos and co-ops in brownstone Brooklyn were the most competitive: 75% of Park Slope condos and 77% of Brooklyn Heights co-ops sold at or above asking. Houses varied more, from 56% at or above asking in East Flatbush to an average of 11.7% below asking in Crown Heights.
What is the price per square foot for Brooklyn homes?
It varies widely by neighborhood. In October 2026, condos sold at a median of about $1,722 per square foot in DUMBO and $1,592 in Williamsburg, compared with about $965 in Bedford-Stuyvesant. Houses ranged from $729 to $768 per square foot in Dyker Heights, Midwood, Bay Ridge and Bedford-Stuyvesant to about $420 to $440 in Canarsie and Bushwick.
How much can overpricing cost a Brooklyn seller?
In Crown Heights, houses sold an average of 11.7% below their original asking price in October 2026, a gap of about $194,400 on a home that sold for the neighborhood's $1,461,250 median. In Dyker Heights, where houses sold 1.7% below asking, the gap was about $22,500.
How can I find out what my Brooklyn home could sell for?
Neighborhood figures are a starting point, but your block, building, condition and layout decide your price. Request a private consultation and Fouad will walk you through the recent sales that matter for your home.
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.
How we gathered this data. Closed sales of condos, co-ops and 1 to 4 family homes in Brooklyn with closing dates October 1 to 31, 2026, from Compass sold data pulled November 5, 2026, with sale prices checked against NYC ACRIS deed records where recorded. Duplicate records, mixed use and commercial properties, buildings with five or more units, parking, package sales and non market transfers were removed. Condops are counted as co-ops. Neighborhoods follow Compass neighborhood boundaries, with Weeksville treated as its own neighborhood; only neighborhoods with 10 or more sales, and types of home with 5 or more sales, are shown. Asking price results compare each sale with its original list price and use only sales with a usable listing record. Days to contract are as reported by Compass. Some October closings had not yet been recorded when the data was pulled. Figures describe homes that sold and are not an individual property valuation.
