Park Slope recorded 65 qualifying closed residential sales in August 2026 across three property types: 19 townhouse and multi-family home transactions, 25 condominium closings, and 21 co-operative apartment sales. Overall, sale prices averaged just -0.1% from list price, reflecting a market where sellers priced correctly and buyers transacted with discipline.
Methodology: This report covers residential sales of single-family and multi-family homes of up to three units, condominiums, and co-operative apartments closed in Park Slope during August 2026, sourced from Compass closed-sales data. It excludes commercial properties, buildings of four or more units, land, mixed-use properties, closings outside of August 2026, sales below $100,000, and units under 200 square feet. All statistics reflect qualifying residential transactions only.
What sold, and for how much?
August 2026's 65 qualifying closings were distributed across three property types. Condominiums and co-ops each contributed meaningful volume, while the townhouse segment, Park Slope's most distinctive and closely watched, posted 19 closings. All three property types closed near list price, with co-ops the only type averaging a premium over ask.
Property type | Sales (Aug 2026) | Avg. sale price | Median sale price | Avg. PPSF | Avg. DOM | Avg. discount |
|---|---|---|---|---|---|---|
Townhouses / Multi-Family | 19 | $4,605,000 | $4,550,000 | $1,334 | 55 | -1.0% |
Condominiums | 25 | $1,654,000 | $1,350,000 | $1,444 | 70 | -0.5% |
Co-ops | 21 | $1,436,000 | $1,060,000 | n/a | 34 | +1.3% |
Note: Avg. PPSF for co-ops was not provided, as only 4 of 21 transactions showed square footage data; most co-ops do not record square footage in closing records. All other metrics are computed from the full qualifying dataset.
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Townhouses and multi-family homes
The townhouse and multi-family segment recorded 19 closed sales in August 2026, with a median sale price of $4,550,000 and an average of $4,605,000. Average price per square foot was $1,334, computed from properties where square footage data was available and excluding one outlier at 909 Union Street whose unusually compressed PPSF would have skewed the segment average. Average days on market was approximately 55 days, and properties averaged -1.0% from list — a very modest discount reflecting well-calibrated pricing across the segment.
Park Slope's townhouse stock is among Brooklyn's most coveted: full-floor brownstones on tree-lined blocks between Prospect Park and the Fifth and Seventh Avenue commercial corridors, with school proximity and infrastructure that continue to attract buyers with long time horizons. At $1,334 per square foot, the segment commands a meaningful premium over comparable brownstones in neighboring Crown Heights ($639 per square foot in August 2026) and Bed-Stuy ($609 per square foot), underscoring the sustained demand differential that Park Slope's location and character generate.
Condominiums
Condominiums accounted for the largest share of Park Slope's August 2026 activity, with 25 closings and a $1,350,000 median sale price. The average sale price was $1,654,000, reflecting a wide range of unit sizes — from one-bedroom units at the lower end to larger penthouse-style units in boutique buildings that push the average above the median. Average price per square foot was $1,444, and average days on market was approximately 70 days. Condos closed at an average of -0.5% from list price.
The spread between the $1,350,000 median and the $1,654,000 average reflects Park Slope's condo inventory composition: a core of one- and two-bedroom units in well-established boutique buildings, plus a layer of larger, newer-construction units in renovated buildings and purpose-built developments near the park. Buyers comparing condo and co-op options in this neighborhood will find the condo segment offering more financing flexibility and fewer board requirements, at a higher per-square-foot price point.
Co-ops
The co-op market recorded 21 closings in August 2026, a notably active month for this property type in Park Slope. The median sale price was $1,060,000, and the average was $1,436,000. Average days on market for co-ops was just 34 days, the fastest of any property type in the neighborhood, and co-ops were the only segment to close above asking price, averaging +1.3% over list. This combination of fast absorption and above-ask pricing signals a pool of motivated, qualified buyers competing for a limited supply of available units.
The $1,436,000 average co-op price in Park Slope is meaningfully higher than the neighborhood's median, reflecting the presence of larger prewar units in well-maintained buildings that trade at a premium when they become available. Park Slope co-ops require full board approval, financial documentation, and in many cases restrict financing or subletting, conditions that filter the buyer pool and often produce committed, cash-strong purchasers. The +1.3% above-ask average is consistent with that dynamic: when a well-priced co-op comes to market in this neighborhood, multiple pre-qualified buyers are ready to move.
Market takeaways
August 2026 placed Park Slope among Brooklyn's most active markets by transaction volume, with 65 qualifying closings across three property types. Unlike many months where one segment dominates, August distributed activity broadly: 21 co-op closings, 25 condo closings, and 19 townhouse closings each represent meaningful liquidity in their respective segments. The overall -0.1% discount from asking price across all types confirms that this is a market where properties are trading at their priced value, not at deep discounts, and not in a frenzy of overbidding, except in the co-op segment where demand visibly exceeds supply.
The co-op segment's +1.3% premium over ask at just 34 days on market is the month's clearest indicator of supply constraint. Condo buyers had more time and more options at 70 days average; townhouse buyers saw 55 days average with minimal discount from ask. Across all three types, the message is consistent: correctly priced properties in Park Slope are trading efficiently and at or near full value.
For buyers right now
With 65 qualifying closings in August, Park Slope's market is active across all three property types. The co-op segment's 34-day average on market and above-ask closing prices mean buyers in that segment need to be ready to move quickly with full financial documentation prepared in advance. Co-op boards add process time after the contract is signed, so the search-to-contract phase cannot be leisurely. The condo segment offers more time at 70 days average and slightly more negotiating room at -0.5% from ask, but with 25 closings in a single month, well-priced condo listings are not sitting. In the townhouse segment, 19 closings at the $4,550,000 median confirm sustained demand. Buyers at this price point should have pre-approval or proof of funds confirmed before making offers.
For sellers right now
Park Slope sellers across all three property types in August 2026 traded at or near list price. The overall -0.1% discount from ask is a function of accurate initial pricing. Properties that came to market at or near recent comparable sales traded efficiently; those priced above market saw extended days on market and ultimately accepted reductions. The townhouse segment at 55 days average is measured but not slow; 19 closings in a single month is healthy volume for a price point above $4 million. Co-op sellers had the best outcome: the fastest absorption (34 days average) and the only above-ask average of any type. Condo sellers at 70 days average should expect a deliberative buyer who is comparing multiple options; presentation and building financials matter.
Questions buyers and sellers ask
How much does a home in Park Slope cost?
The August 2026 market recorded 65 qualifying closings. Townhouses and multi-family homes posted a $4,550,000 median and a $4,605,000 average; condominiums posted a $1,350,000 median and a $1,654,000 average; co-ops posted a $1,060,000 median and a $1,436,000 average (Compass closed-sales records, August 2026).
What does a townhouse cost in Park Slope?
The 19 townhouse and multi-family closings in August 2026 posted a $4,550,000 median at an average of $1,334 per square foot. Park Slope brownstones command a significant premium over comparable properties in neighboring Crown Heights ($639 per square foot) and Bed-Stuy ($609 per square foot), reflecting block quality, school proximity, and park access.
What does a condo cost in Park Slope?
The 25 condo closings in August 2026 posted a $1,350,000 median and a $1,654,000 average, at $1,444 per square foot. The spread between median and average reflects the mix of one-bedroom units and larger boutique units in the same inventory pool.
What does a co-op cost in Park Slope?
The 21 co-op closings in August 2026 posted a $1,060,000 median and a $1,436,000 average. Co-ops closed above asking price — averaging +1.3% over list — and in just 34 days on market, the fastest absorption of any property type in the neighborhood.
Is Park Slope a competitive market?
August 2026 confirmed it. All three property types closed at or near list price; co-ops averaged above asking. With 65 closings in the month and average days on market ranging from 34 (co-ops) to 70 (condos), Park Slope is a market where preparation matters more than patience.
What would your home sell for right now?
With 65 qualifying sales across three property types — and significant variation within each type based on block, condition, and building — a neighborhood-wide figure cannot tell you what your specific home is worth. The Rahmé Team tracks Park Slope closings building by building and block by block. Call (718) 233-3365 or contact us with the 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. RealTrends Verified ranks the team in the top 1.5% of real estate professionals nationwide.
Contact the team or call (718) 233-3365.
All figures August 2026, computed from Compass closed-sales records, one record per sale, single-family homes, multi-family homes of up to three units, condominiums, and co-operative apartments only. Excludes commercial properties, buildings of four or more units, land, mixed-use properties, sales under $100,000, and units under 200 square feet. Next update: October 2026, once September's closings post.
