In November 2024, the real estate market in District 13 and District 15 took a quieter turn following the fall’s competitive months. In District 13, active listings sharply decreased to 79 from October’s 141, signaling limited inventory and fewer choices for buyers. Contracts signed also dropped slightly to 99 from 127, while properties sold fell significantly to just 67, highlighting a slowdown in transactional activity as the year-end approaches. Meanwhile, District 15 saw active listings drop to 101 from October’s 165, yet buyer activity remained robust. Contracts signed rose to 124 from 119, and properties sold ticked up slightly to 72, showing resilience in demand despite the inventory squeeze.
As the holiday season and year-end draw near, these trends reflect a market settling into its seasonal rhythm, with some buyers and sellers taking a pause. However, the increased contracts signed in District 15 suggest that many are still eager to finalize deals before the year closes.
With the holidays and New York’s festive energy in full swing, now’s the time to think about your next move. Whether you’re considering buying, selling, or investing, the market remains active, and opportunities await for those ready to make a deal before the calendar flips to 2025. Stay connected for updates and insights to navigate this season’s market with confidence!
Our monthly report on the property market (condo and coop as well as townhouse sales, below for the month of November) 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 November. 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.
Check out Exclusive Listings on Compass here.
Main image: 212 Warren Street Unit PHS.
