Sixty-nine percent of Park Slope closings landed at or above asking price in the second quarter, and the typical listing reached contract in 25 days. Those two numbers set the tone for everything below. Across 163 sales the median came in at $1,950,000, the average sale ran $2,376,139, and buyers paid roughly 2.2% over ask on average (Compass closed-sales records, Q2 2026). The three property types split hard on price but pulled in the same direction on pace, with co-ops clearing contract fastest at a 22-day median and condos the slowest of the group at 36. This is the monthly Park Slope market report, refreshed as new closings record; for the wider picture across the borough, see our Brooklyn market report.
What sold, and for how much
Condos carried the quarter on volume, 72 of the 163 sales, and set a $1,895,000 median. Co-ops came next at 48 sales and a $910,000 median, the entry lane of this market. Houses closed 43 times but sat at the top of the price ladder by a wide margin, a $3,925,000 median that more than doubles the condo figure.
Property type | Sales (Q2) | Median sale price | Average sale price | Avg. price per sq ft | Median days on market | Avg. vs ask | At or above ask |
|---|---|---|---|---|---|---|---|
Condos | 72 | $1,895,000 | $2,068,491 | $1,869 (63 reporting) | 36 (55 reporting) | +1.4% | 72.7% (55 reporting) |
Co-ops | 48 | $910,000 | $1,217,590 | $1,421 (11 reporting) | 22 (43 reporting) | +4.4% | 72.1% (43 reporting) |
Houses | 43 | $3,925,000 | $4,184,533 | $1,159 (39 reporting) | 30 (25 reporting) | +0.0% | 56.0% (25 reporting) |
Price per foot flips the ranking that the medians suggest. Condos ran $1,869 a square foot, the highest of the three, because they trade as smaller, newer, better-finished units. Houses posted $1,159 despite the $3,925,000 median, since a whole townhouse spreads its price across far more square footage. Read the co-op $1,421 with care: only 11 of the 48 co-op sales reported a size, so that figure sits on a thin slice of the data. The quarter's highest sale was 527 3rd Street, a 4,016-square-foot house that closed at $9,500,000 in just 24 days on the market.
Where the money went
Park Slope's money spread across the upper half of the price ladder rather than clustering in one band. 18.4% of sales closed under $1,000,000, 11.0% between $1,000,000 and $1,500,000, 22.1% between $1,500,000 and $2,000,000, 23.3% between $2,000,000 and $3,000,000, and 25.2% above $3,000,000 (Compass closed-sales records, Q2 2026). A full quarter of the quarter's sales cleared $3,000,000. By bedroom count the ladder climbs cleanly: one-bedrooms ran a $780,000 median across 21 sales, two-bedrooms $1,585,000 across 41, three-bedrooms $2,307,500 across 38, and four-bedrooms $3,318,719 across 14. The five- and six-bedroom medians, $3,925,000 across five sales and $4,075,000 across seven, keep climbing but rest on small counts, so treat them as directional rather than precise.
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Pace and negotiation
Speed defined this quarter. Among the 123 sales reporting marketing time, 56.1% went to contract inside 30 days, 19.5% took 30 to 60, 6.5% ran 60 to 89, and 17.9% sat past 90 (Compass closed-sales records, Q2 2026). More than half the market moved in under a month. Co-ops were the quickest at a 22-day median and 72.1% clearing ask, condos the most patient at 36 days while still clearing ask 72.7% of the time, and houses landed in between at 30 days. Houses closed right at asking on average, +0.0%, with 56.0% at or above ask, so the apartment side competed harder while the house side settled closer to the list number.
For buyers right now
Come ready to move, because the pace here rewards decisiveness. More than seven in ten condo and co-op sales cleared ask, and over half the whole market went to contract inside 30 days, so a clean, fully underwritten offer beats a slow one that chases a lower number. On the house side you have a little more room: houses closed right at ask on average and about one in six sales across the neighborhood ran past 90 days, which is where the negotiating window opens. If you are buying a townhouse, most of which trade as multi-family buildings, underwrite it as a building. Pull the rent roll, the leases, the certificate of occupancy, and any open violations into diligence, and have a real estate attorney read the leases before you sign.
For sellers right now
Price to your property type, since the three move on separate tracks. Condos and co-ops are both clearing ask more than 70% of the time and reaching contract in roughly three to five weeks, so a listing tied to recent comps has a real shot at multiple offers. Houses are the slower, larger-ticket side: they closed right at ask on average and the biggest ones carry the longest marketing times, though the quarter's $9,500,000 top sale went to contract in 24 days, proof that sharp pricing moves even the high end fast. Your first two weeks of exposure carry most of the outcome, so arrive documented, photographed, and priced to what actually closed this quarter.
Questions buyers and sellers ask
Quick answers on the Park Slope housing market, straight from the Q2 closed-sales record.
How much does a home in Park Slope cost?
The median Q2 2026 sale was $1,950,000 across 163 closings. Condos ran a $1,895,000 median, co-ops $910,000, and houses $3,925,000 (Compass closed-sales records, Q2 2026).
Can you buy in Park Slope for under $1 million?
Yes. 18.4% of the quarter's 163 sales closed under $1,000,000, most of them co-ops, whose median sat at $910,000.
How much is a Park Slope townhouse?
The 43 house sales in Q2 2026 posted a $3,925,000 median at an average of $1,159 per square foot, with the average sale at $4,184,533. The quarter's top sale, 527 3rd Street, closed at $9,500,000.
How long does it take to sell a home in Park Slope?
The median listing reached contract in 25 days among the 123 sales reporting marketing time. Co-ops moved fastest at 22 days, condos slowest at 36, and 56.1% of all sales went to contract inside 30 days.
What are property taxes like in Park Slope?
Among Q2 sales recording a tax bill, the median ran about $825 a month on condos across 62 sales and about $1,025 a month on houses across 26. Co-op taxes are paid through the building inside monthly maintenance rather than as a separate line. Tax treatment varies by property class, assessment history, and any abatement on the building, so check the actual bill on any specific address.
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 Park Slope closings block by block, and on 163 quarterly sales a neighborhood median cannot price your building, your layout, or your rent roll. 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 August 5, one record per sale, condos, co-ops, and houses only. Days on market and at-or-above shares cover the 123 sales reporting an asking price; price per square foot covers the 113 sales reporting size; bedroom medians cover sales reporting a bedroom count. With 163 sales in the quarter, neighborhood-level figures move with a small number of closings, which is why the reporting count sits next to every subset. Sales at or under $50,000 and recorded parking or storage units sit out of the averages while still counting toward every median and sale count.
Next update: September 2026, once August's closings post.
