Is Brooklyn, NY 11228 a buyer’s or seller’s market?
Brooklyn is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5Under 4 months = seller’s market
Sold above original list26.5%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market82Listing to accepted offer
Median price per sq ft$710▲ +2.0% vs. last year
Run the numbers for 11228
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