Thirty-three homes closed in Prospect Lefferts Gardens between April and June, and the average seller here left money on the table: sales landed 6.4% under ask across the quarter, with houses giving back a little over 9%. The median sale came in at $1,160,000, the typical listing took 73 days to reach contract, and only 35% closed at or above asking (Compass closed-sales records, Q2 2026). Read every figure below against that sale count. Thirty-three closings is a thin quarter, so a handful of trades can swing any subset, and the medians drawn off six-sale slices are directional at best. This is the monthly Prospect Lefferts Gardens market report, refreshed as new closings record; the borough-wide picture lives in our Brooklyn market report.
What sold, and for how much
Houses carried the quarter with 21 of the 33 sales and set the tone for the whole neighborhood. Condos and co-ops each recorded six, small enough that their medians should be read as single data points rather than trends.
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 |
|---|---|---|---|---|---|---|---|
Houses | 21 | $1,670,000 | $1,845,437 | $634 (18 reporting) | 86 (14 reporting) | -9.1% | 21% (14 reporting) |
Condos | 6 | $915,000 | $961,333 | $996 (6 reporting) | 28 (6 reporting) | -0.6% | 50% (6 reporting) |
Co-ops | 6 | $465,000 | $443,333 | $593 (2 reporting) | 104 (3 reporting) | -5.7% | 67% (3 reporting) |
Houses set the neighborhood's price, both because they made up the bulk of closings and because they trade near the top of the range. Their $1,670,000 median ran well above the condo number, and the average house sale reached $1,845,437 as the larger buildings pulled the top end higher. Price per foot stays low across every type here: houses at $634 and condos at $996, a gap that reflects whole century-old buildings selling against smaller finished units. The condo per-foot figure rests on six sales, so treat it as a marker, not a rate. The quarter's highest sale was 51 Midwood Street, a 3,956-square-foot house that closed at $3,375,000; its marketing time was not recorded.
Where the money went
The spread runs wide for a market this size. 39.4% of sales closed under $1,000,000, another 21.2% between $1,000,000 and $1,500,000, 15.2% between $1,500,000 and $2,000,000, 18.2% between $2,000,000 and $3,000,000, and 6.1% above $3,000,000 (Compass closed-sales records, Q2 2026). Co-ops and one-bedroom condos anchor the bottom band; whole houses fill the top. By bedroom count, one-bedrooms posted a $405,000 median across three sales, two-bedrooms $895,000 across five, four-bedrooms $1,700,000 across five, five-bedrooms $1,635,000 across six, and six-bedrooms $2,544,215 across three. No three-bedroom closings recorded this quarter, and the five-bedroom median landing below the four-bedroom figure is a sample-size quirk off small counts rather than a real step down.
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Pace and negotiation
This is a slow-moving, buyer-negotiated market, and the marketing times prove it. Among the 23 sales reporting time on market, 30.4% went to contract inside 30 days, 13.0% took 30 to 60, 17.4% ran 60 to 89, and 39.1% sat past 90 (Compass closed-sales records, Q2 2026). That last bucket is the largest of the four, and it is weighted toward houses, which posted an 86-day median and cleared ask only 21% of the time while closing more than 9% under it. Condos were the exception, reaching contract at a 28-day median with half clearing ask, though that read comes from just six sales.
For buyers right now
Time and leverage sit on the buyer's side of this market, especially for houses. Houses closed more than 9% under ask on average and carried an 86-day median, with nearly two in five of all sales running past 90 days on market, so there is room to negotiate and room to use the inspection period. Underwrite a house here as a building: rent roll, leases, certificate of occupancy, and any open violations belong in diligence, with a real estate attorney reading the leases before you commit. The condo lane moves faster, half of that small group cleared ask, so if you are shopping apartments, come prepared to move rather than wait.
For sellers right now
Price to what actually closed, because this quarter rewarded discipline and punished optimism. The average sale came in 6.4% under ask, and houses gave back more than 9%, a sign that opening numbers ran ahead of what buyers would pay. The listings that sat did not sit briefly: nearly 40% of sales took more than 90 days to reach contract. Your first two weeks of exposure carry most of the outcome, so come to market documented, photographed, and priced to the comps that recorded, not to the asking prices of what is still sitting.
Questions buyers and sellers ask
Quick answers on the Prospect Lefferts Gardens housing market, straight from the Q2 closed-sales record.
How much does a home in Prospect Lefferts Gardens cost?
The median Q2 2026 sale was $1,160,000 across 33 closings. Houses ran a $1,670,000 median, condos $915,000, and co-ops $465,000, though the condo and co-op figures each rest on six sales (Compass closed-sales records, Q2 2026).
Can you buy in Prospect Lefferts Gardens for under $1 million?
Yes. 39.4% of the quarter's 33 sales closed under $1,000,000, most of them co-ops and smaller condos.
How much is a Prospect Lefferts Gardens house?
The 21 house sales in Q2 2026 posted a $1,670,000 median at an average of $634 per square foot, with the average sale at $1,845,437. The quarter's top sale, 51 Midwood Street, closed at $3,375,000.
How long does it take to sell a home in Prospect Lefferts Gardens?
The median listing reached contract in 73 days among the 23 sales reporting marketing time, and 39.1% of them ran past 90 days. Condos moved faster than houses off a small sample, 28 days against 86 at the median.
What are property taxes like in Prospect Lefferts Gardens?
Among Q2 sales recording a tax bill, the median was about $821 a month on condos across six sales and about $621 a month on houses across 15. The condo count is small, so read that number loosely. Co-op taxes are paid through the building inside monthly maintenance rather than as a separate bill. 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 Prospect Lefferts Gardens closings block by block, and on 33 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 23 sales reporting an asking price; price per square foot covers the 26 sales reporting size; bedroom medians cover sales reporting a bedroom count. With just 33 sales in the quarter, neighborhood-level figures move sharply with a single closing, and any subset drawn off a handful of sales should be read as directional, which is why the reporting count sits next to every figure. 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.
