Brooklyn Weekly Market Report
Week of 2/13/2026
Summary:
Brooklyn may finally be shaking off its winter malaise as deal activity perked up for the second consecutive week. While overall activity remains choppy and well below full spring engagement levels, the borough's demand side is showing renewed energy. The 30-day contract pace rose 11% for the second straight week, and weekly signed contracts climbed 24% to reach the strongest weekly print of the year. Still, overall demand remains below 2025 levels, marking this period as one of steady progress rather than a full breakout.
Market Pulse: Buyer’s Market
Latest Reading: -1.4 The Market Pulse remains in Buyer's Market territory, though it has improved by +0.3 from last month. It currently sits -1.4 below last year's reading.
Detailed View:
Supply
Brooklyn inventory is effectively unchanged, rising a marginal 0.1% week-over-week to 2,919 homes. Total supply remains 2.3% higher than the same period last year.
Demand
Liquidity is building momentum, with the 30-day contract pace jumping 11.2% this week to 465. Despite this gain, demand levels are still 7.0% lower than they were a year ago.
New Listing
Fresh inventory saw a modest seasonal lift, with 159 new listings arriving this week—a 3.9% increase from last week. Year-over-year, new listing volume is up 16.1%.
Contracts Signed
In a significant sign of recovery, weekly deal volume rose 23.9% to 135 signed contracts. This represents the strongest weekly performance of 2026 and is 5.5% higher than the volume seen in the same week last year.
Mortgage Rates
Mortgage rates improved slightly this week as bond markets reacted to cooler-than-expected inflation data.
30Y Conforming: 6.03% (-6 bps week-over-week)
30Y Jumbo: 6.11% (-12 bps week-over-week)
Chart of the Week: Profit or Loss Isn’t About Price—It’s About Timing
Brooklyn’s long-term price story highlights that real estate returns are heavily driven by purchase year. Buyers from the 2009–2012 era are sitting on the largest gains, often nearing 100% returns. Even those who purchased between 2015 and 2018 are generally up 15–20%, outperforming Manhattan's relatively flat decade. Currently, only the most recent buyers face sideways conditions, though the historical trend suggests that Brooklyn rewards patience and high transaction volume.
Source: UrbanDigs
Week of 2/06/2026
Summary:
Brooklyn remains a step behind Manhattan, though there are early signs of life as the borough begins an uneven grind through the winter season. Demand finally perked up this week: the 30-day pace of contract activity jumped 11%, and weekly signed contracts rose to 109—the strongest week of the year so far. While new listings rose 21% week-over-week, they still trail early-January levels, and overall inventory growth remains sluggish.
Market Pulse: Buyer’s Market
Latest Reading: -2.35 The Market Pulse for all properties in Brooklyn remains firmly in Buyer's Market territory, down 0.7 from last month and 2.0 from last year.
Detailed View:
Supply
Brooklyn supply edged down slightly to 2,917 units, a 1.1% decrease week-over-week. Despite this weekly dip, inventory sits 1.0% higher than it did at this time last year.
Demand
Liquidity showed a notable recovery, with the 30-day contract pace jumping 11.2% to 418. However, demand levels still trail last year's performance by 12.6%.
New Listing
Fresh inventory saw a significant weekly boost, with 153 new listings arriving—a 23.4% increase from last week. Year-over-year, however, new listing volume is still down 17.3%.
Contracts Signed
In a bright spot for the borough, weekly deal volume rose 26.7% to 109 signed contracts. While an encouraging move toward recovery, this is still 13.5% below the contract volume seen in the same week last year.
Mortgage Rates
Conforming rates saw a minor uptick, while jumbo rates decreased compared to the previous week.
30Y Conforming: 6.10% (+3 bps week-over-week)
30Y Jumbo: 6.23% (-8 bps week-over-week)
Chart of the Week: Brooklyn Listing Success
Brooklyn is telling a very different story than Manhattan regarding listing success. December failed to produce an above-average "pop" in activity, and success rates for both condos and co-ops remain below seasonal norms. This ongoing underperformance explains the borough's current malaise: fewer listings are converting quickly, and sellers are feeling the impact. While recent contract gains are encouraging, the market is still in the early stages of a possible recovery.
Source: UrbanDigs
Week of 1/30/2026
Summary:
Brooklyn’s residential market continues to lag as January winds down, with the borough yet to shake off its winter slump. While supply rose slightly to 2,950 units, new listings were surprisingly low at just 124 added this week—a nearly 3% dip that bucks typical seasonal trends. Demand remains soft, with weekly deal volume falling to 86 contracts, marking only the second time this year the borough failed to break the 100-contract threshold.
Market Pulse: Buyer’s Market
Latest Reading: -2.35 The Market Pulse for all properties in Brooklyn has dipped further into Buyer's Market territory, down 0.7 from last month and 2.0 from last year.
Detailed View:
Supply
Brooklyn supply increased 1.2% week-over-week to 2,950 homes. Current inventory levels are 1.9% higher than they were at this time last year.
Demand
The 30-day contract pace rose 5.3% this week to 376. However, overall demand is still significantly lower than last year, down 11.7%.
New Listing
New listing activity saw a sharp decline of 26.6% week-over-week, with only 124 new properties coming to market. This volume is nearly 30% lower than the same week last year.
Contracts Signed
Weekly deal volume fell 14.9% to 86 signed contracts. This represents a significant 31.2% decrease compared to the same period in 2025.
Mortgage Rates
Rates for conforming loans edged slightly lower this week while jumbo rates remained flat.
30Y Conforming: 6.07% (-3 bps week-over-week)
30Y Jumbo: 6.31% (Unchanged week-over-week)
Chart of the Week: Monthly Contract Activity
Brooklyn's contract activity remains in a "lower gear" compared to its long-term seasonal averages. Unlike Manhattan, which has shown recent upside, Brooklyn's monthly volumes have largely hovered at or below seasonal norms for the past two years. While lower mortgage rates may eventually provide a catalyst, the current market trend remains flat.
Source: UrbanDigs
Week of 1/23/2026
Summary:
Brooklyn’s market is showing early signs of a turnaround, though it continues to lag Manhattan’s recent momentum. While demand remains soft—with the 30-day contract pace hitting one of its lowest weekly prints in years—weekly signed contracts saw a notable double-digit gain. Inventory growth is sluggish, as a decline in new listings has prevented the market from shifting in a more buyer-friendly direction.
Market Pulse: Buyer’s Market
Latest Reading: -1.8 The Market Pulse remains in Buyer's Market territory, down 0.3 from last month and 0.6 from last year.
Detailed View:
Supply
Brooklyn inventory increased to 2,914 homes, a 2.7% increase week-over-week. While this marks the second consecutive week of growth, the pace is considered sluggish.
Demand
Liquidity remains soft, with the 30-day contract pace falling 5.6% this week to 357. This current level of demand is 4.0% lower than the same period last year.
New Listing
Fresh inventory is lagging, with 169 new listings arriving this week—a 2.9% decrease from last week and an 11.1% decline year-over-year.
Contracts Signed
In a bright spot for the borough, weekly deal volume rose to 101 signed contracts, representing a 13.5% increase from last week.
Mortgage Rates
Rates followed geopolitical tensions modestly higher this week but remain near three-year lows.
30Y Conforming: 6.10% (+9 bps week-over-week)
30Y Jumbo: 6.31% (-4 bps week-over-week)
Chart of the Week: Price Reductions in Brooklyn
Sellers in Brooklyn are increasingly having to adjust their expectations to close deals. About 36% of sellers had to reduce their asking price at least once before signing a contract in the last 90 days.
Median Price Cut: 6.3%
Median Dollar Cut: $74,000
Year-over-Year Change: 5.0% higher than last year
Source: UrbanDigs
Week of 1/16/2026
Summary:
Brooklyn is easing into the new year with signs of divergence from the Manhattan market. While new contract activity has shown an encouraging weekly rise, overall demand remains soft, with the 30-day pace of signed contracts falling 7% this week. Unlike Manhattan, Brooklyn's supply is currently higher than it was last year. The market's full seasonal lift is likely still a few weeks away.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 1.6% week-over-week and currently sits 1.8% above last year's levels.
Demand
Liquidity/Demand decreased 7.4% week-over-week and is roughly 2.8% below 2025 levels.
New Listing
New listings decreased 6.1% week-over-week, though they remain 4.9% higher than this time last year.
Contracts Signed
Weekly deal volume increased 7.1% week-over-week, with 91 contracts signed.
Mortgage Rates
30Y Conforming rates decreased to 6.01% (-12 bps) and 30Y Jumbo rates decreased to 6.35% (-8 bps) compared to last week.
Chart of the Week: Co-op Maintenance - What to Expect in Brooklyn?
Larger units in Brooklyn bring a significantly wider spread in fees. For buyers moving up in size—especially from one-bedroom to three-bedroom units—monthly costs may increase disproportionately. While Brooklyn's median maintenance is generally lower than Manhattan's, a 4+ bedroom co-op averages $2,777, with ranges stretching up to nearly $4,000.
Source: UrbanDigs
Week of 9/23
Summary:
Brooklyn is seeing a stronger Fall season than its Manhattan neighbor, as both new listing and contract activity continues to rise on a weekly basis. Generally a tighter market, we expect the next few weeks to see a continuation of this trend as we approach both the mayoral election and Thanksgiving holiday; which typically marks the conclusion of this active season.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 1.1% week-over-week.
Demand
Liquidity increased 1.2% week-over-week.
New Listings
New listings decreased 4.1%
Contracts Signed
Deal volume decreased 7.5% week-over-week
Mortgage Rates
30Y Conforming decreased at 6.19% and 30Y Jumbo increased at 6.44% compared last week
Chart of the week
Adding complexity to already mysterious marketplace is the knowledge gap between how sellers value previous renovations and buy side perceptions of what those improvements are worth in their minds.
This so called "Renovation Decay" is a difficult force to quantify due to the subjective nature of renovations and the quality of materials used. With that said, we did our best to research what impact time has on renovation money spent and created the decay chart you see below.
Source: UrbanDigs
Week of 9/22
Summary:
Brooklyn remains stuck in the prelude to fall. Supply is rising, true, but overall demand remains lackluster. At the weekly level, both new actives and contracts signed dropped, likely due to holiday activity. Going forward, it will be curious to see how the divergent trends of supply and demand interact.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply decreased .2% week-over-week.
Demand
Liquidity increased 5.6% week-over-week.
New Listings
New listings decreased 13.7%
Contracts Signed
Deal volume decreased 4.8% week-over-week
Mortgage Rates
30Y Conforming decreased at 6.25% and 30Y Jumbo increased at 6.59% compared last week
Chart of the week
This week, we're looking at how prices and the listing climate intersect in Brooklyn. The key to understanding this market is to compare it with Manhattan, where the climate index lows were sub-1.
Brooklyn, while not rising as high, has remained far more consistent, a nod to the steady undercurrent of demand for the borough. Still, going forward, the long-term trend of rising prices will need some help from the listing climate and a few more lackluster seasons could see a trend shift.
Source: UrbanDigs
Week of 9/21
Summary:
Here we are in October, and while Brooklyn is showing signs that a fall season may happen, it still seems mired in late summer. Supply is up vs last year, though new supply wilted during this holiday-shortened week.
The good news is that demand increased by nearly 6% on the week and is starting to turn the corner, even though weekly contract signings ticked down, as expected, given the holiday. We're keeping our fingers (and toes) crossed that Brooklyn will start to break out, especially if mortgage rates resume their downward trend.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply decreased .2% week-over-week.
Demand
Liquidity increased 5.6% week-over-week.
New Listings
New listings decreased 13.7%
Contracts Signed
Deal volume decreased 4.8% week-over-week
Mortgage Rates
30Y Conforming decreased at 6.25% and 30Y Jumbo increased at 6.59% compared last week
Chart of the week
This week, we're looking at Brooklyn's cumulative activity through September. It's clear that 2021 and '22 were exceptional markets, completely different from what we've seen in the last few years.
This year, supply is leading demand in terms of ranking, but both are remaining more or less in balance compared to what we've seen in the last couple of years. If mortgage rates resume their downward trend, we should see a pickup in both, hopefully led by demand.
Source: UrbanDigs
Week of 9/20
Summary:
Brooklyn's fall real estate season is beginning to take shape as expected, with the supply of homes starting to fade while demand increases. Last week, new contracts signed and market liquidity both increased, despite it being a holiday-shortened week. This single data point aligns with expected seasonal patterns, providing hope for a productive season ahead
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased .7% week-over-week.
Demand
Liquidity increased 2.5% week-over-week.
New Listings
New listings decreased 14.6%
Contracts Signed
Deal volume increased 11.5% week-over-week
Mortgage Rates
30Y Conforming increased at 6.35% and 30Y Jumbo increased at 6.54% compared last week
Chart of the week
This week, we're taking a deep look at seasonality and how general patterns can obscure what's happening below the surface. In Brooklyn, all kinds of stuff is happening! The main areas of Brooklyn (which you can now use to search with or create charts with in the UD chartroom!) seem to follow their own paths.
A couple of quick takeaways: 1) seasonality is a completely different pattern depending on the area, and 2) there may be a sort of leverage arbitrage available - when one area is at peak seasonality, there is likely another that is at its low. Another reminder that all real estate is Local (with a capital L!)
Source: UrbanDigs
Week of 9/19
Summary:
Brooklyn's fall season is certainly taking its time. Supply has risen and is up against last year. However, expect that pace of listing to begin ebbing soon. Demand, at least on the weekly basis, remains at its seasonal low, and while we expect it to turn the corner any day now, it feels like it's been a long time coming.
Hopefully, with mortgage rates going down—although they ticked up this week after the Fed—tune into Macro Monday for more; buyers will have some tailwinds heading into October.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 4.1% week-over-week.
Demand
Liquidity decreased 6.1% week-over-week.
New Listings
New listings decreased 4.6%
Contracts Signed
Deal volume decreased .9% week-over-week
Mortgage Rates
30Y Conforming stayed at 6.26% and 30Y Jumbo decreased at 6.51% compared last week
Chart of the week
This week, we're looking at the pace of new listings from September 1 to now, compared to last year. The prime areas of Brownstone East, Brownstone West, and Northern Brooklyn are experiencing a slower listing pace compared to last year.
However, in Eastern Brooklyn and Southeastern Brooklyn, there are a few more listings than last year. This can translate into buyer or seller leverage, depending on where listings are more saturated, so keep your eyes open!
Source: UrbanDigs
Week of 9/12
Summary:
It's the second week of the fall listing season, and Brooklyn has at least one foot in the door. Overall supply is up slightly year-over-year, but on a weekly basis, it's slightly lower than last year.
On the demand side, there's not much to report, as things are expected to remain quiet until the end of September or early October. However, we are seeing a slight uptick on a weekly level. Hopefully, that trend continues, supported by the ongoing downtrend in mortgage rates, which are now closer to 6% than 7% and could bring some buyers off the sidelines.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 3.7% week-over-week.
Demand
Liquidity decreased 2.3% week-over-week.
New Listings
New listings increased 8%
Contracts Signed
Deal volume increased 19% week-over-week
Mortgage Rates
Decreased 21 bps week-over-week.
Source: UrbanDigs
Week of 9/05
Summary:
Brooklyn is easing into the fall listing season with supply showing mixed signals—slightly higher year-over-year, but just under last year’s levels on a weekly basis.
Demand remains muted, as expected for this time of year, though we did see a modest uptick on the weekly level. If mortgage rates continue trending closer to 6% than 7%, we may see more buyers step back into the market as the season progresses.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 4% week-over-week.
Demand
Liquidity decreased 2% week-over-week.
New Listings
New listings increased 9% week-over-week.
Contracts Signed
Deal volume increased 19% week-over-week.
Mortgage Rates
Decreased 21 bps week-over-week.
Source: UrbanDigs
Week of 9/08
Summary:
The fall season is here, and as expected, listing volume increased after Labor Day, with supply ticking up in tandem. Still, Brooklyn supply remains historically low—leaving us wondering where the sellers are.
On the demand side, liquidity dipped slightly, which is typical this time of year: listings arrive first, then buyer activity follows, with contracts ramping up as October approaches.
With mortgage rates edging lower, there’s reason to be optimistic about a strong fall season in Brooklyn.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity decreased 4% week-over-week.
New Listings
New listings increased 76% week-over-week.
Contracts Signed
Deal volume decreased 39% week-over-week.
Mortgage Rates
Decreased 5 bps week-over-week.
Source: UrbanDigs
Week of 8/18
Summary:
It’s August in Brooklyn, and the market remains quiet as we approach Labor Day and the start of the fall listing season. Both supply and demand are relatively flat with minimal week-to-week movement. The key factor to watch is mortgage rates, which are gradually trending lower. If this continues, we could see rates closer to 6% than 7% this fall—an encouraging development for buyers.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply decreased 1% week-over-week.
Demand
Liquidity increased 2% week-over-week.
New Listings
New listings decreased 25% week-over-week.
Contracts Signed
Deal volume increased 5% week-over-week.
Mortgage Rates
Decreased 2 bps week-over-week.
Source: UrbanDigs
Week of 8/11
Summary:
It’s August in Brooklyn, which means the market is in quiet mode. Overall supply dipped slightly, though weekly new listings saw a small bump. Demand rose on both the overall and weekly fronts, possibly helped by easing mortgage rates, but activity levels remain in line with typical seasonal patterns.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply decreased 1% week-over-week.
Demand
Liquidity increased 3% week-over-week.
New Listings
New listings increased 20% week-over-week.
Contracts Signed
Deal volume increased 7% week-over-week.
Mortgage Rates
Decreased 15 bps week-over-week.
Source: UrbanDigs
Week of 8/04
Summary:
Another summer week, another flatline for Brooklyn supply, which continues to move sideways in line with seasonal expectations.
The real story is on the demand side: the 30-day pace of contract signings has dropped below typical seasonal levels, reaching numbers more commonly seen in January and February. It’s a clear signal that buyers are slowing down in real-time.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity decreased 7% week-over-week.
New Listings
New listings decreased 13% week-over-week.
Contracts Signed
Deal volume decreased 10% week-over-week.
Mortgage Rates
Decreased 3 bps week-over-week.
Source: UrbanDigs
Week of 7/28
Summary:
Brooklyn’s summer market continues to defy easy explanation. Overall supply held steady this week, while demand and contract activity showed modest signs of recovery following the July 4th slowdown—though still landing at relatively muted levels.
As we move through the rest of the summer, expect the market to remain somewhat unpredictable. Rather than clear trends, we’re likely to see a patchwork of week-to-week fluctuations.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity decreased 2% week-over-week.
New Listings
New listings decreased 16% week-over-week.
Contracts Signed
Deal volume increased 4% week-over-week.
Mortgage Rates
Decreased 2 bps week-over-week.
Source: UrbanDigs
Week of 7/21
Summary:
Summer seasonality is playing out in Brooklyn — but not quite as expected. Supply edged up this week, while liquidity took a more noticeable step down, raising questions about how the market will balance if this pattern continues.
Interestingly, the typically volatile weekly numbers hint that liquidity might already be starting to recover — though “recovering” here simply means returning to more typical summer levels. We’ll be watching to see if that trend holds.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply increased 1% week-over-week.
Demand
Liquidity decreased 13% week-over-week.
New Listings
New listings increased 16% week-over-week.
Contracts Signed
Deal volume increased 32% week-over-week.
Mortgage Rates
Increased 8 bps week-over-week.
Source: UrbanDigs
Week of 7/14
Summary:
Summer seasonality is here: supply continues to drift lower, and demand is holding steady. Weekly new listings rebounded after the holiday week but are likely to level off from here.
Contracts signed remain lower than expected—a possible hangover from July 4th. We’re optimistic buyers will return to the market this week and help that number recover. Stay tuned to see if momentum picks back up!
Market Pulse: Seller’s Market
Detailed View:
Rental Listings
While rents for shared listings have ticked up, the number of those listings has dropped so much that it’s hard to draw any meaningful conclusions from the data.
Mortgage Rates
Increased 2 bps week-over-week.
Source: UrbanDigs
Week of 6/30
Summary:
The summer heat hasn’t slowed Brooklyn’s market. Both overall and weekly demand saw an uptick this week—a promising sign, though it’s still early to call it a trend.
On the supply side, inventory remains in line with typical seasonal patterns, showing no surprises. With the July 4th holiday around the corner, all eyes are on whether buyer activity keeps up this momentum or takes the usual summer pause.
Market Pulse: Seller’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity increased 1% week-over-week.
New Listings
New listings decreased 9% week-over-week.
Contracts Signed
Deal volume increased 11% week-over-week.
Mortgage Rates
Decreased 13 bps week-over-week.
Source: UrbanDigs
Week of 6/23
Summary:
Summer has arrived in Brooklyn, but supply isn’t showing much movement. Overall inventory is flat compared to last week, though weekly numbers are beginning to show the typical seasonal dip.
Contract activity followed a similar pattern—after a strong showing last week, signings dipped, leaving overall demand relatively unchanged. That’s a noticeable contrast to Manhattan, where demand has been gradually fading since early April.
Market Pulse: Neutral Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity decreased 5.3% week-over-week.
New Listings
New listings decreased 11.2% week-over-week.
Contracts Signed
Deal volume decreased 31.9% week-over-week.
Mortgage Rates
Increased 3 bps week-over-week.
Source: UrbanDigs
Week of 6/16
Summary:
Friday the 13th came and went in Brooklyn, and the real estate market didn’t flinch. Supply—both overall and weekly—landed right where we’d expect for this time of year, with no big surprises.
What did stand out was demand. Contract activity picked up this week, but it’s too soon to say whether that’s a sign of real momentum or just a backlog of deals finally closing. Either way, the market seems to be settling into its usual summer rhythm.
With things leveling off, expect a steadier pace in the weeks ahead as Brooklyn continues its slow-but-steady season.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply decreased 1.2% week-over-week.
Demand
Liquidity increased 6.8% week-over-week.
New Listings
New listings increased 1% week-over-week.
Contracts Signed
Deal volume increased 23.8% week-over-week.
Mortgage Rates
Decreased 3 bps week-over-week.
Source: UrbanDigs
Week of 6/9
Summary:
As Brooklyn enters June, the market appears steady. Liquidity and contract signings are up, showing little reaction to the April volatility that slowed Manhattan. This sideways movement mirrors Manhattan’s performance last summer, which defied seasonal expectations and led to a strong fall. Could Brooklyn be setting up for a similar run?
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity increased 1% week-over-week.
New Listings
New listings decreased 1.4% week-over-week.
Contracts Signed
Deal volume increased 1.4% week-over-week.
Mortgage Rates
Decreased 6 bps week-over-week.
Source: UrbanDigs
Week of 6/2
Summary:
As Brooklyn heads into Memorial Day weekend, the market appears to be finding its rhythm. Supply has peaked just as demand reaches some of the highest levels this year. However, if mortgage rates continue to climb, the lower end of the market could face renewed pressure.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity decreased 4% week-over-week.
New Listings
New listings increased 11% week-over-week.
Contracts Signed
Deal volume decreased 5% week-over-week.
Mortgage Rates
Decreased 5 bps week-over-week.
Source: UrbanDigs
Week of 5/26
Summary:
As Brooklyn heads into Memorial Day weekend, the market appears to be finding its rhythm. Supply has peaked just as demand reaches some of the highest levels this year. However, if mortgage rates continue to climb, the lower end of the market could face renewed pressure.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week.
Demand
Liquidity increased 3% week-over-week.
New Listings
New listings decreased 28% week-over-week.
Contracts Signed
Deal volume increased 6% week-over-week.
Mortgage Rates
Increased 6 bps week-over-week.
Source: UrbanDigs
Week of 5/19
Summary:
This week’s numbers suggest Brooklyn may be nearing an inflection point. Supply is climbing past levels seen in recent years, while demand is holding steady. If sellers are also buyers, this could fuel a busy summer—especially with a tight rental market. But if more sellers are looking to exit entirely, Brooklyn could face a supply overhang that puts downward pressure on prices in the short term.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 1.4% week-over-week.
Demand
Liquidity increased 1.1% week-over-week.
New Listings
New listings was flat week-over-week.
Contracts Signed
Deal volume decreased 4% week-over-week.
Mortgage Rates
Increased 8 bps week-over-week.
Source: UrbanDigs
Week of 5/12
Summary:
The Brooklyn Spring season is finally starting to come into focus. Supply remains on trend, no surprise there. But what's interesting is demand. Liquidity hit its highest point since last fall, while new contracts signed logged their second highest week this year. Come on, Brooklyn!
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 1.6% week-over-week.
Demand
Liquidity increased 1.8% week-over-week.
New Listings
New listings decreased 7.9% week-over-week.
Contracts Signed
Deal volume decreased 3.8% week-over-week.
Mortgage Rates
Increased 7 bps week-over-week.
Source: UrbanDigs
Week of 5/5
Summary:
Is Brooklyn finally gaining momentum? This week brought the second-highest number of new listings and the strongest contract activity of the year. Overall demand also hit a yearly high, suggesting that after a sluggish start, Brooklyn’s spring market may finally be taking off.
Market Pulse: Moving to a Neutral Market
Detailed View:
Supply
Brooklyn supply increased 1.4% week-over-week.
Demand
Liquidity increased 4.9% week-over-week.
New Listings
New listings increased 1% week-over-week.
Contracts Signed
Deal volume increased 8.3% week-over-week.
Mortgage Rates
Decreased 6 bps week-over-week.
Source: UrbanDigs
Week of 4/28
Summary:
Brooklyn’s final week of April brought some surprises. Supply rose 2.7%, hinting at a break from its multiyear slowdown, while demand dipped a modest 2%. Unlike Manhattan, where demand fell sharply, Brooklyn saw 144 contracts signed—an 11% jump and the second-strongest week of the year. Could Brooklyn be gaining momentum as Manhattan cools?
Market Pulse: Currently a Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 2.7% week-over-week.
Demand
Liquidity decreased 2% week-over-week.
New Listings
New listings increased 71% week-over-week.
Contracts Signed
Deal volume decreased 10.8% week-over-week.
Mortgage Rates
Increased 7% week-over-week.
Source: UrbanDigs
Week of 4/21
Summary:
Brooklyn supply held steady this week, continuing its recent sideways trend, while new listings dropped 25% due to the holiday. Contract activity also fell 11%, reflecting seasonal and market uncertainty. Overall, both supply and demand remain sluggish, with Brooklyn underperforming compared to Manhattan’s more resilient demand.
Market Pulse: Currently a Buyer’s Market
Detailed View:
Supply
Brooklyn supply was flat week-over-week
Demand
Liquidity was flat week-over-week
New Listings
New listings decreased 26% week-over-week
Contracts Signed
Deal volume decreased 12% week-over-week
Mortgage Rates
Increased 7% week-over-week
Source: UrbanDigs
Week of 4/14
Summary:
Brooklyn had a surprisingly normal week, with modest gains in both supply and demand. New listings dipped but stayed within seasonal norms, while contract signings rose slightly. On the surface, it looks like a typical spring, but potential headwinds—like stock market volatility and high interest rates—could soon impact the market. If Manhattan is any indication, increased buyer caution may be on the horizon.
Market Pulse: Currently a Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 1.5% week-over-week
Demand
Liquidity increased 3.6% week-over-week
New Listings
New listings decreased 24.8% week-over-week
Contracts Signed
Deal volume increased 14% week-over-week
Mortgage Rates
Increased 7% week-over-week
Source: UrbanDigs
Week of 4/07
Summary:
Brooklyn had another mixed week, with new listings and overall supply ticking up and surpassing recent seasonal norms. However, contract activity and demand still lack momentum. Typically, supply rises before demand follows—so this could be the early stage of that pattern. But if demand doesn't pick up soon, the growing inventory could become a concern.
Market Pulse: Currently a Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 3% week-over-week
Demand
Liquidity is down 1.7% week-over-week
New Listings
New listings decreased 27.8% week-over-week
Contracts Signed
Deal volume increased 1% week-over-week
Source: UrbanDigs
Week of 3/31
Summary:
Brooklyn’s spring season has been quieter than expected, though supply is finally surpassing previous years' levels. With many sellers also being buyers, this could signal the market breaking free from its volume trap. However, demand remains underwhelming, making it worth watching whether rising supply draws more buyers into the market.
Market Pulse: Currently a Neutral Market
Detailed View:
Supply
Brooklyn supply increased 2.6% week-over-week
Demand
Liquidity is down 1.5% week-over-week
New Listings
New listings decreased 3.4% week-over-week
Contracts Signed
Deal volume decreased 12.3% week-over-week
Source: UrbanDigs
Week of 3/24
Summary:
Brooklyn had a strong week, with both supply and demand rising, though demand outpaced supply. New listings increased but were surpassed by contract volume growth. As demand heats up and supply lags, buyers may start feeling the pressure sooner than expected.
Market Pulse: Currently a Buyer’s Market
Detailed View:
Supply
Brooklyn supply increased 2.7% week-over-week
Demand
Liquidity is up 7.9% week-over-week
New Listings
New listings increased 4.4% week-over-week
Contracts Signed
Deal volume increased 10.6% week-over-week
Source: UrbanDigs
Week of 3/17
Summary:
An unusual week in Brooklyn—despite fewer new listings, overall supply ticked up, likely due to lower liquidity and contract activity. While one week isn’t a trend, it’s worth watching to see if this signals a shift toward higher supply and lower volume, similar to Manhattan.
Market Pulse: Currently a Neutral Market
Detailed View:
Supply
Brooklyn supply increased 2% week-over-week
Demand
Liquidity is down 2% week-over-week
New Listings
New listings decreased 15% week-over-week
Contracts Signed
Deal volume decreased 4% week-over-week
Source: UrbanDigs
Week of 3/10
Summary:
Brooklyn’s February market climate index rebounded into the upper neutral range. While conditions remain moderate, the outlook is positive as spring approaches, with more sellers finally listing and activity picking up.
Market Pulse: Currently a Neutral Market
Detailed View:
Supply
Brooklyn supply increased 1% week-over-week
Demand
Liquidity is up 3.7% week-over-week
New Listings
New listings increased 40% week-over-week
Contracts Signed
Deal volume decreased 9.5% week-over-week
Source: UrbanDigs
Week of 3/03
Summary:
Brooklyn saw across-the-board gains this week, mirroring Manhattan. However, supply remains tight at both weekly and overall levels, while demand is nearing a breakout from past trends. If this continues, buyers could face increasing competition as spring progresses.
Market Pulse: In Neutral Market
Detailed View:
Supply
Brooklyn supply increased 2% week-over-week
Demand
Liquidity is up 1% week-over-week
New Listings
New listings increased 1.6% week-over-week
Contracts Signed
Deal volume decreased 4% week-over-week
Source: UrbanDigs
Week of 2/24
Summary:
Brooklyn supply inched up 0.56% after last week’s decline, though inventory remains tight. This week's total was the second-highest of the year, suggesting sellers may be responding. Meanwhile, buyers are returning, with contract volume down for the shorter week but nearly 3% higher than last year.
Market Pulse: In Neutral Market
Detailed View:
Supply
Brooklyn supply increased 1% week-over-week
Demand
Liquidity is up 8% week-over-week
New Listings
New listings increased 35% week-over-week
Contracts Signed
Deal volume decreased 5% week-over-week
Source: UrbanDigs
Week of 2/17
Summary:
Brooklyn supply dipped slightly this week, highlighting the borough’s ongoing inventory shortage, reflected in fewer new listings. Demand remains steady, but with the busy season approaching, supply could quickly become a challenge.
Market Pulse: In Neutral Market
Detailed View:
Supply
Brooklyn supply decreased 1% week-over-week
Demand
Liquidity is up 4% week-over-week
New Listings
New listings decreased 26% week-over-week
Contracts Signed
Deal volume increased 2% week-over-week
Source: UrbanDigs
Week of 2/10
Summary:
The Brooklyn market remains largely stable, with supply holding steady and demand showing early signs of improvement, though still aligned with the past two sluggish years. Weekly supply and demand fluctuations remain minimal, while the recent decline in mortgage rates could serve as a potential catalyst for change.
Market Pulse: Entering Neutral Market?
Detailed View:
Supply
Brooklyn supply is flat week-over-week
Demand
Liquidity is up 12% week-over-week
New Listings
New listings are up 5% week-over-week
Contracts Signed
Deal volume is flat week-over-week
Source: UrbanDigs
Week of 2/03
Summary:
Brooklyn's supply and demand remain steady at seasonal levels. With spring approaching, expect mixed but directional market signals. Easing mortgage rates below 7% may help finance-dependent units attract buyers.
Market Pulse: Buyer’s Market
Detailed View:
Supply
Brooklyn supply is up 1%
Demand
Liquidity is down 14.5%
New Listings
New listings are down 7%
Contracts Signed
Deal volume up 25%
Source: UrbanDigs
Week of 1/27
Summary:
Brooklyn is still seeing typical seasonal slowdown. While supply has seen small gains over the past three weeks, the total increase is just 100 units—barely enough to signal a major shift. Demand is mirroring levels from 2023-2024, which were relatively slow years for the borough. That said, the luxury segment is showing promising growth, which could be an early sign of broader market improvements ahead.
Market Pulse: Heading into Neutral Market
Detailed View:
Supply
Brooklyn supply is up 2.7%
Demand
Liquidity is down 4.4%
New Listings
New listings are up 17.3%
Contracts Signed
Deal volume up 25%
Source: UrbanDigs
Week of 1/20
Summary:
Seasonal trends remain a key factor in the Brooklyn market. Supply continues to hover at lower levels, while demand has softened, as anticipated. With spring still a few weeks off, we can expect supply to remain steady for now. However, we may start to see demand gradually pick up as buyers begin to re-enter the market in the coming weeks.
Market Pulse: Heading into Buyer’s Market
Detailed View:
Supply
Brooklyn supply is up 1.2%
Demand
Liquidity is down 10.4%
New Listings
New listings are down 5.3%
Contracts Signed
Deal volume down 16.7%
Source: UrbanDigs
Week of 1/13
Summary:
The first full week of the year In Brooklyn saw typical low seasonal activity. While the seasonal drop in supply was less than Manhattan's, it poses additional challenges to buyers and sellers. In terms of weekly activity, it will likely be a few weeks before we can get an early read on the spring trend.
Market Pulse: Neutral Market
Detailed View:
Supply
Brooklyn supply remains similar to last week.
Demand
Liquidity is down 7%
New Listings
New listings are up 101% with the new year.
Contracts Signed
Deal volume up 8%.
Source: UrbanDigs
Week of 12/23
Summary:
Supply
Another 2.4% decline
Liquidity
4.5% lower
Weekly New Listings
Down 24%
Weekly Contracts Signed
Down 19% on the week
Market Pulse: Currently heading into Seller’s Market
Detailed View:
Supply
Brooklyn supply dipped another 2.4% as it slips below 3,000.
Demand
Liquidity ticked down 4.5% as seasonal gravity starts taking over.
New Listings
New listings are (unsurprisingly) falling to seasonal lows.
Contracts Signed
Deal volume fell 19% as the holidays start kicking in.
Source: UrbanDigs
Week of 12/16
Summary:
Supply
Another 0.85% decline
Winter drawdown in full effect
Liquidity
0.5% higher
Brooklyn looks to close 2024 on a high note
Weekly New Listings
Second up week (7%) in a row
Weekly Contracts Signed
Up 2% on the week
Market Pulse: Currently heading into Seller’s Market
Detailed View:
Supply
Brooklyn supply dipped another 0.85% as winter sets in.
Demand
Liquidity ticked up another 0.5% as Brooklyn’s momentum continues into the closing weeks.
New Listings
New listings rose for the second week in a row - are we starting to see sellers come back?
Contracts Signed
Deal volume rose another 2% on the week as buyers pick up the pace.
Source: UrbanDigs
Week of 12/9
Summary:
Supply
Another 3.5% decline
Winter drawdown in full effect
Liquidity
1.4% higher post-Thanksgiving
Weekly New Listings
Up 51% from the slow holiday week
Weekly Contracts Signed
Up 46% on the week
Market Pulse: Currently heading into Neutral Market
Detailed View:
Supply
Brooklyn supply ticked slipped another 3.5% as fall fades to winter.
Demand
Liquidity ticked up 1.4% postThanksgiving as Brooklyn’s momentum continues.
New Listings
New listings rose after the holiday week but are in a period of decline.
Contracts Signed
Deal volume rebounded post Thanksgiving to keep Brooklyn’s ball rolling.
Source: UrbanDigs
Week of 11/25
Summary:
Supply
2% drop
Slowly winding down into winter
Liquidity
6% lower on the week
Weekly New Listings
Down 16%
Weekly Contracts Signed
Up 5% on the week
Detailed View:
Supply
Brooklyn supply ticked slipped another 2% as fall fades to winter.
Demand
Liquidity ticked down nearly 6%, as the fall season starts rolling over into winter.
New Listings
New listings fell by 16%, with quieter weeks on tap.
Contracts Signed
Deal volume increased 5% on the week but the depth of decline this fall has been muted compared to the last couple years
Source: UrbanDigs
Week of 11/18
Summary:
Supply
Small 0.5% drop
Liquidity
1% lower on the week
First down week since Oct 1
Weekly New Listings
Down 14%
Weekly Contracts Signed
Fell 11% over the week
Detailed View:
Supply
Brooklyn supply ticked slipped 0.5% lower as it works its way down until spring.
Demand
Liquidity ticked down 1%, ending the string of up weeks that began in late September.
New Listings
New listings fell by 14%, with quieter weeks on tap.
Contracts Signed
Deal volume dropped 11% over the week and while the near term uptrend is still in play, the end-ofseason writing is on the wall.
Source: UrbanDigs
Week of 11/11
Summary:
Supply
Declines 2%
Liquidity
Liquidity (30-day contracts signed) ticked up 1%
Weekly New Listings
New listings rose 43%
Weekly Contracts Signed
Rose 14% on the week
Detailed View:
Supply
Brooklyn supply ticked ticked down a bit over 2% as it slowly winds down until spring.
Demand
Liquidity rose another 1% to set a new high water mark for the year, but the pace looks to be slowing
New Listings
New listings rose by 43%, somewhat evening out the steep drop last week, but the slowing trend remains in place
Contracts Signed
The level of weekly signed deals rose 14% and climbed back above 150 as the “Brooklyn’s Back” trend gains momentum.
Source: UrbanDigs