Brooklyn Condo & Co-Op Sales: July 2026
Contract activity grows across price segments and nearly all neighborhoods.
Brooklyn supply expands as pricing continues to rise.
Brooklyn sales climbed 27% year-over-year to 360 signed contracts, the best July in three years.
- All price segments experienced double-digit annual percentage increases in contract activity, including more than 50% gains over $2M.
Seven of eight submarkets reported year-over-year improvements in deal activity, the exception being Park Slope and Gowanus, where sales fell 33% due to far fewer resales.
- Average marketing times dropped 3% (three fewer days) compared to a year ago to a five-year July low of 91 days.
More supply helped fuel Brooklyn’s annual sales gains.
- Brooklyn active listings rose 14% year-over-year to 1,892 residences, the tenth consecutive year-over-year increase and highest July figure since 2021.
- Condo listings rose 7% annually and co-op listed inventory climbed 26%.
The average price per square foot of reported contracts rose for the seventh consecutive month, up 2% annually to a July record of $1,179 per square foot, as the greater share of sales represented by condos countered a drop in co-op average price per square foot.
- Condo negotiability tightened versus a year ago, averaging just 0.4% below last ask.
- Meanwhile, co-ops saw negotiability average 3.3% above last ask due to several bidding wars.
