Pictured above: 42 Monroe St.
July 2025 Market Snapshot: Late Summer Pause, Tight Supply
August in New York often brings travel and fewer new launches, so inventory stays thin and pricing holds for listings that show value. Sellers who list now face less competition and benefit from focused buyer traffic. Prep matters, so aim for day-one readiness, clean presentation, accurate pricing, and strong photos. Buyers should refresh pre-approvals, review comps in their micro-market, and stay alert for late-summer price adjustments or off-market opportunities through our network.
Expect a busier backdrop after Labor Day as more listings return. More updates are on the way to help you navigate this market with confidence. Reach out for next steps.
Our monthly report on the property market (condo and coop as well as townhouse sales, below for the month of July) 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 July. 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: 42 Monroe St.
