Is Brooklyn, NY 11201 a buyer’s or seller’s market?
Brooklyn is a seller’s market. With about 3 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3Under 4 months = seller’s market
Sold above original list25.5%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$1,355▼ −4.7% vs. last year
Run the numbers for 11201
Nearby markets
Brooklyn 11203Buyer’s market $432 /sq ftBrooklyn 11204Balanced $685 /sq ftBrooklyn 11205Seller’s market $1,061 /sq ftBrooklyn 11206Buyer’s market $993 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology