Brooklyn 2025 Third Quarter Townhouse Report

The Brooklyn townhouse market in the third quarter of 2025 remained stable, characterized by steady pricing and persistent buyer demand despite a broader slowdown in activity. Overall pricing across the borough edged higher year over year, underscoring continued confidence in the long-term value of Brooklyn townhouses even as sales volume plateaued. Inventory levels varied widely by neighborhood, ranging from tight conditions in Prospect Heights and Park Slope to more balanced supply in areas like Cobble Hill and Boerum Hill. In nearly every market, well-located, renovated homes continued to command strong prices.

Brooklyn Heights led with an average townhouse sale price of $8.23 million, up more than 10% year over year despite fewer transactions, reaffirming its position as one of the city’s most desirable and resilient brownstone enclaves. Cobble Hill saw one of the quarter’s most active markets, with a 40% increase in transaction volume and an 8% rise in average sale price, signaling robust buyer enthusiasm even amid broader economic uncertainty. Boerum Hill also posted solid gains, with sales volume up 28% and average price per square foot climbing 17%, a testament to growing confidence in this steadily appreciating market. Fort Greene continued its strong 2025 performance, already nearing record-high annual dollar volume by the end of Q3, driven by standout sales such as 39 South Portland Avenue at $8.75 million.

Elsewhere, Prospect Heights and Park Slope continued to experience limited inventory and selective buyer activity. Prospect Heights held firm with stable pricing and slightly reduced volume, while Park Slope saw continued upward momentum and headline-making sales, including a $13.9 million transaction on 1st Street. Our current listing at 757 Carroll Street, a meticulously renovated townhouse drawing significant press and buyer attention at $9.5 million, illustrates the sustained demand for luxury product in the neighborhood. Carroll Gardens, by contrast, showed a more measured pace this quarter, with volume down after a strong first half, reflecting a natural recalibration rather than waning interest.

In sum, the Brooklyn townhouse market remains fundamentally healthy, shaped more by inventory constraints and selective buyer behavior than by any weakness in demand. Turnkey and historic properties continue to draw premium pricing, and despite minor fluctuations in activity from quarter to quarter, the borough’s townhouse market continues to reflect deep underlying strength and enduring appeal heading into year-end 2025.