Sellers in most all of Brooklyn’s neighborhoods were particularly happy during Q3 2021.  Buyers had little wiggle room because Brooklyn’s median sales prices ranged from 96% to 100% of asking prices.

Sellers’ Market in New York City Saw Brisk Apartment Sales in Q3 2021

According to a recent study by StreetEasy, New York City’s sellers’ market steamrolled in Q3 2021.  Homes sold one week faster than they did during Q3 2019 (a great sales quarter) and the median sales prices hit 96% of their asking prices, an increase from 92% in Q3 2020.

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StreetEasy researchers pointed to the top twenty NYC neighborhoods where sellers saw the greatest deals.  Eighteen out of 20 of these “best deals for sellers” were in Brooklyn.  In all of these neighborhoods, median sales prices ranged from 96% to 100% of asking prices.

StreetEasy’s Methodology

StreetEasy analysts looked at four data points:  median number of days on the market, share of price cuts, annual change in number of property inquiries, and the median sale to list price.  Only neighborhoods with 100 or more listings were considered.

Top 20 NYC Sellers’ Markets


Neighborhood   Borough   Median DOM   Median Sale Price

 Cobble Hill       Brooklyn        35                $1,765,000

Park Slope         Brooklyn       42                 $1,4191,500

Prospect Heights  Brooklyn       50                $1,032,500

Downtown Brooklyn  Brooklyn   35                $995,000

Clinton Hill          Brooklyn        44                $900,000

Prospect-Lefferts Gardens/ Brooklyn   54       $909,500

Carroll Gardens   Brooklyn        58                $1,950,000

The Rockaways   Queens          58                $695,000

Bedford-Stuyvesant   Brooklyn   56              $1,125.000

Crown Heights         Brooklyn      57              $995,000

Williamsburg          Brooklyn        55             $1,299,500

Windsor Terrace      Brooklyn        52              $995,000

Greenpoint             Brooklyn        60              $1,357,500

Ridgewood             Queens          51              $1,100,000

Greenwood            Brooklyn         72             $1,262,500

Brooklyn Heights    Brooklyn           48           $1,395,000

Boerum Heights      Brooklyn           69          $1,585,000

Canarsie                 Brooklyn           57           $729,000

East Flatbush         Brooklyn           59            $679,500

Dumbo                  Brooklyn           61           $1,955,000

Thanks to StreetEasy and The New York Times.







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