Pictured above: 212 Warren St. Unit 17S.
August 2025 Market Snapshot: Low Supply, Late-Summer Activity
August data confirms what we’ve been seeing all year, inventory is scarce, but buyer demand continues to push deals forward. In District 13, active listings dropped again to 56 from 64. Signed contracts bounced back to 38 from just 18 last month, while closings came in at 47 compared to July’s 72. In District 15, available listings inched up to 84 from 83, contracts signed rose to 43 from 37, and closings reached 68, slightly above July’s 62.
Now that Labor Day has passed and Brooklyners are back in school and back in the office mode, more listings are going to come online. Homes that are well-prepared, priced accurately, present to their best, and skillfully marketed will continue to stand out and sell quickly for outstanding values. We’ll be watching September closely, in particular the Fed’s interest rate announcement and overall economic policy information. More updates are on the way to help you navigate this market with confidence. We are here to be a sounding board for your unique life circumstances and provide advocacy for your real estate-related goals.
Our monthly report on the property market (condo and coop as well as townhouse sales, below for the month of August) in District 13 and District 15 as well as the neighborhoods that make up those school districts including Brooklyn Heights, DUMBO, Boerum Hill, Cobble Hill and Park Slope is out for August. On each image below the data is broken down based on the status of properties:
- Actively for sale (private exclusive, coming soon, new listings, back on market, price increase and price reduction)
- In the sale process (contract out and contract signed)
- Off market (sold, temporarily off market, permanently off market, exclusive expired)
Private Exclusive and Coming Soon listings are properties that are coming to market soon that are exclusive to Compass.com (not yet on the other real estate websites). Temporary off, permanently off, and exclusive expired means that those properties did not have success selling and have come off the market. They may sell at a later date or be totally removed from the market. By tracking the number of properties in each status category you will be able to fully understand the balance of supply versus demand.
District 13 residential listings for sale in the last 30 days
District 13 residential listings & sales last 12 months
District 15 residential listings for sale last 30 days
District 15 residential listings & sales last 12 months
Check in with us around the 5th of the month for our monthly real estate update! Our partners, Peter and the Riolo Property Team at Compass are here to provide more detailed reports or collections of properties. Access to all listings is free, you just need an account with Compass.
Main Image: 212 Warren St. Unit 17S.
