Is Brooklyn, NY 11207 a buyer’s or seller’s market?
Brooklyn is a buyer’s market. With about 10 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply10Under 4 months = seller’s market
Sold above original list31.2%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$478▼ −1.6% vs. last year
Run the numbers for 11207
Nearby markets
Brooklyn 11201Seller’s market $1,355 /sq ftBrooklyn 11203Buyer’s market $432 /sq ftBrooklyn 11204Balanced $685 /sq ftBrooklyn 11205Seller’s market $1,061 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology