Brooklyn Market Overview 2025
Look up how your neighborhood performed in 2025. The Ryan Report is our annual review of the dozen+ Brooklyn brownstone neighborhoods our team covers. Here are some of our insights:
Brooklyn townhouses turned in a solid, no-drama performance in 2025. The Brooklyn market has become so exciting that a mere 6% year-over-year increase in median price may be considered a letdown by some. To us, it only further cements our opinion that Brooklyn townhouses are a solid investment.
Almost a quarter of the sales our team handled in 2025 were off-market, a significant increase from previous years. Our off-market seller clients appreciated the anonymity and an easier sales process (i.e., no open houses and less prep). Our buyers benefited from less competition and stress, and were willing to pay a premium for that luxury. These transactions were a win-win, made possible by our deep relationships with townhouse buyers and sellers and our ability to navigate these nuanced transactions.
Another interesting phenomenon we experienced in 2025 was the substantial increase in sales of luxury homes. This year in Park Slope, 7 townhouses sold for over $7M, more than double the previous 2 years. This is due to 2 factors - one is the effect of truly fabulous designer-driven total renovations. The other is the transfer of wealth, beginning to happen from older generations to younger ones.
The condo and co-op market remained strong, with an overall year-over-year increase in sales of 11%. The 2 and 3 bedrooms outperformed the 1 and 4+ bedroom sectors. 2 bedrooms saw the highest jump in price of all sectors, with an 8% increase from 2024 numbers; a recovery from the past two years’ price drops, and could be attributed to declining mortgage rates. The 3-bedroom sector saw the highest jump in activity with a 21% increase in total sales. While there was a 10% increase in activity for the 4+ bedrooms the median price saw a nominal reduction of 3%.
Brooklyn
By the Numbers
Apartment Median Price
1 BEDROOM
$750,000
+3.45 from 2024
2 BEDROOM
$1,325,000
+8.44% from 2024
3 BEDROOM
$2,160,310
+5.38% from 2024
4+ BEDROOM
$3,922,500
-3.15% from 2024
Apartment Transactions
1 BEDROOM
541
+4.24% from 2024
2 BEDROOM
751
+9.32% from 2024
3 BEDROOM
378
+21.15% from 2024
4+ BEDROOM
54
+10.20% from 2024
Brooklyn Townhouses
Median Price by Neighborhood
NEIGHBORHOOD
2018
2019
2020
2021
2022
2023
2024
2025
% change from prior year
$1.63M
$2.62M
$2.62M
$1.6M
$1.37M
$1.30M
$1.25M
+12.13%
$3.72M
$3.40M
$3.10M
$2.75M
$2.60M
$3.28M
$3.49M
+5.7%
$5.57M
$6.45M
$5.60M
$4.50M
$4.85M
$6.50M
+9.6%
$3.04M
$2.95M
$2.93M
$2.95M
$3.07M
$2.63M
$3.4M
$2M
0%
$2.30M
$2.40M
$2.45M
$2.66M
$3.08M
$2.8M
$2.74M
-5%
$3.60M
$4.39M
$3.45M
$4.30M
$5M
$4.55M
$4.35M
+15%
$3.4M
$1.20M
$1.20M
$1.36M
$1.29M
$1.64M
$1.65M
$1.75M
+15%
$2.75M
$2.63M
$3.15M
$3.19M
$2.88M
$2.32M
$3.1M
+25.8%
$3.08M
.
$1.79M
$1.88M
$2.38M
$1.7M
$1.95M
$1.9M
-3.90%
$2M
$2.80M
$2.90M
$1.62M
$3.52M
$3.45M
$3.33M
$3.19M
+10%
$2.75M
$2.70M
$2.30M
$2.80M
$3.53M
$3.1M
$3.32M
+7.6%
$1.99M
$1.55M
$1.7M
$1.68M
$1.73M
$2.10M
$2.05M
$1.75M
$2.6M
$5M
$3.89M
$1.84M
$3.57M
-7.50%
$1.87M
$1.77M
$1.71M
$1.72M
$1.68M
$2.20M
$1.93M
$6.27M
$1.82M
$6.88M
$3.39M