Brooklyn Townhome Market Update – Q2 2025
The Brooklyn townhome market in Q2 2025 saw notable shifts, with key neighborhoods—Brooklyn Heights, Cobble Hill, Boerum Hill, and Carroll Gardens—experiencing slower sales activity but stronger pricing trends.
Here’s what you need to know as we move into the second half of the year:
Key Market Metrics
Closed Sales: 37
Down 43% year-over-year, reflecting a more selective buyer pool and fewer completed transactions compared to last year.
Contracts Signed: 37
A 23% drop YoY, showing some hesitancy among buyers despite continued interest in Brooklyn’s prime townhome neighborhoods.
Average Days on Market (DOM): 117 days
Up 64% YoY, indicating that buyers are taking longer to make decisions and deals are stretching out over a longer timeline.
Inventory: 51 homes
Down 19% YoY, creating tighter supply and potentially bolstering seller leverage for desirable listings.
Average Sold Price: $5.21M
Up 9% YoY, signaling that well-positioned homes continue to command premium prices despite softer transaction volume.
Average Price Per Square Foot (PPSF): $1,579
A 16% increase YoY, reinforcing the market’s resilience and the ongoing demand for high-quality properties.
Neighborhood Highlights
Brooklyn Heights
Maintained its reputation as one of Brooklyn’s most coveted enclaves, with ultra-premium sales driving the area’s average prices well above the borough’s baseline.
Cobble Hill
Saw consistent interest from buyers seeking charm and community appeal, with PPSF holding strong and listings moving for top-of-market prices when properly presented.
Boerum Hill
Offered competitive value for buyers looking for space and historic appeal, with select properties achieving standout results.
Carroll Gardens
Continued to attract steady activity, particularly among buyers prioritizing a balance of neighborhood feel, outdoor space, and proximity to amenities.
What This Means for Buyers and Sellers
The Q2 data reveals a market in transition—sales volume is down, and days on market are up, but prices remain firm and even rising in many cases. For sellers, the scarcity of inventory combined with strong PPSF growth offers a window of opportunity, especially for properties in move-in-ready condition. For buyers, longer timelines to close could allow more room for due diligence and negotiation, though competition for standout listings remains strong.
Let’s Talk Strategy
Whether you’re planning to sell, ready to buy, or simply want to understand how these trends impact your goals, now is the time to strategize. Let’s connect and create a plan that positions you for success in Brooklyn’s evolving townhome market.