Inventory in Brooklyn is relatively lean in this rolling three-month view, with 19 active listings and about three months of supply. Compared with a year ago, active listings are down roughly 29 percent, and new listings are off by about a third, signaling fewer options coming to market. Homes are still changing hands, though, with 7 sales and 11 properties going under contract in the same period.
Pricing is showing some mixed signals. Typical home values are down nearly 20 percent year over year, yet the median list price has jumped by more than 50 percent over the same span, suggesting sellers are testing higher price points even as closed prices trend lower.
Speed has shifted dramatically, with the median days on market dropping to just 6 days, far faster than a year ago and a bit quicker than the broader Portland market, where supply sits at 3.1 months. About 43 percent of recent Brooklyn sales closed above asking price, and the average sale-to-list ratio sits just over 101 percent, so well-priced homes can still attract strong offers despite fewer transactions than last year. Buyers sorting through limited inventory and sellers navigating these crosscurrents can both benefit from Agent Pronto’s help in finding a Brooklyn agent who understands the latest local trends.
