In spring 2025, Brooklyn saw active listings climb to 3,406 units (+2.7% from March). Contract signings rose 7% YoY, while closings decreased 8% YoY, reflecting strong buyer interest but slower transaction completions.
Key Highlights:
- Active Listings: 3,406 units (+2.7%)
- Contract Signings: +7% YoY
- Closings: -8% YoY, -3% QoQ
Market Context:
The increase in listings and contract signings suggests renewed market activity, though lower closings may indicate some delays in transactions.
Paraphrasing Statement:
This article is an original composition based on publicly available information and does not reproduce any content verbatim from the source.
About the Author:
Valerie Sebbag is a licensed Real Estate Broker at 555 Properties LLC, bringing years of experience in customer relations and real estate sales. Known for being driven, direct, and determined, Valerie guides buyers and sellers with honesty and professionalism.
📞 Contact Valerie Sebbag : 917-623-6331
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Source: Garfield Realty – Spring 2025 Brooklyn Real Estate Market Update: Recent Trends and What’s Ahead, April 2025
🔗 https://www.garfieldbrooklyn.com/blog/spring-2025-brooklyn-real-estate-market-update-recent-trends-and-whats-ahead
