Bedford Stuyvesant: Real Estate Review


A Christopher Howard Team · Compass
Annual Market Review · Q1 2025 – Q1 2026

Bedford-Stuyvesant
Real Estate Review

Co-ops · Condos · Single Family · Multi-Family & Townhouses · 984 listings analyzed · Brooklyn, New York

984 Listings Analyzed
690 Closed Sales
34.6% Pending Rate
$1.25M Overall Median Sale
Section 01
Bedford-Stuyvesant: The Neighborhood That Never Stopped Moving

A year of real estate data from Bed-Stuy tells a story that surprises most people: this market is not just active — it’s remarkably consistent. Through interest rate pressures, seasonal swings, and a shifting national mood about housing, Bed-Stuy kept transacting. Nearly 690 properties changed hands in the twelve months covered by this report. Here’s what the numbers actually say.

Overall Median Sale Price
$1.25M
Across all property types · 690 closed transactions
Apr ’25 – Mar ’26
Active Listings
187
vs. 99 under contract — strong absorption
Seller-leaning
Pending Rate
34.6%
More than 1 in 3 available listings has a signed contract
Healthy demand
Total Listings Analyzed
984
Active, under contract, and closed — full market picture
All property types

Bedford-Stuyvesant is no longer a “hidden gem” — that conversation ended years ago. What this market is, right now, is a full-price, high-demand Brooklyn neighborhood with a price range that genuinely surprises people. A co-op can close at $347K. A townhouse can close at $4.8M. Both happened in the last twelve months, in the same zip code. The range isn’t a flaw in the market. It’s the market.

Christopher Howard · True North Homes NYC
Section 02
Monthly Sales Trend

Twelve months of closed data reveals the rhythm of the market — when buyers moved, when they hesitated, and how prices tracked against volume. The pattern here is more nuanced than a simple “busy vs. slow” split.

Monthly Closings & Median Sale Price · All Property Types
Apr 2025 – Mar 2026 · 690 total closed transactions
0 20 40 60 80 $900K $1.2M $1.5M Apr ’25 May Jun Jul Aug Sep Oct Nov Dec Jan ’26 Feb Mar Monthly Closings Median Sale Price Oct Low Jan High

The October surprise: October 2025 had the second-highest closing volume of the year (60 transactions) — yet the median price dropped sharply to $922,500. That’s not a price correction. It’s a composition shift: a cluster of co-ops and smaller condos cleared the market that month, pulling the blended median down while multi-family deals slowed. By January, those larger townhouse and multi-family closings came surging back and pushed the median to a 12-month high of $1.45M.

Peak Volume Month
Jul ’25
74 closings — summer momentum defied seasonal expectations
Peak Median Price
$1.45M
January 2026 — townhouse-heavy month pushed the blended median up
Slowest Month
Nov ’25
44 closings — the one month the market actually paused
🏢
Property Type Breakout
Co-ops
Section 03
Co-ops: The Market’s Best-Kept Entry Point

Here’s something most people don’t know about Bed-Stuy: co-ops are a small, specialized slice of this market — only 27 listings total, with 21 closed sales over twelve months. That’s not a lot. But what they offer is something increasingly rare in Brooklyn: below-market entry prices with real upside potential, if you can navigate the board process.

Median Sold Price
$348K
21 closed sales · Range: $40K–$1.4M
Wide variance
Avg Monthly Fee
$833
Range: $711–$1,070/mo · Remarkably tight band
Predictable cost
Avg PPSF · Sold
$547
Median PPSF $648 — well below condo comparables
Value relative to condos
Pending Rate
50%
3 under contract vs. 3 active — extremely tight supply
Near-zero inventory
What most people don’t realize

Co-op boards in Bed-Stuy tend to be less restrictive than their Upper East Side counterparts — sublet policies are often more flexible, and some buildings accept financing that Manhattan co-ops would never allow. That makes this a sleeper category for buyers who’ve been scared off by co-op horror stories from other markets.

Co-op Sales by Bedroom Type
Unit Type Units Sold Median Price Avg Monthly Fee Avg PPSF
Studio 1 $1,400,000
1 Bedroom 1 $93,000
2 Bedroom 2 $665,000
All Co-ops (incl. unreported bed type) 21 $347,715 $833 $547

A note on the data: Co-op bedroom data is sparsely reported across the dataset — most closed units don’t have bedroom type filed consistently. The pricing range ($40K to $1.4M) reflects both distressed sales and premium units. The median of $347K is the most reliable anchor for what a typical Bed-Stuy co-op clears for.

Market Speed · Co-ops
Fast (Under 30d)Moderate (60-90d)Slow (180d+)
Co-ops in Bed-Stuy move at a measured pace — board approval timelines extend the process well beyond other property types regardless of how quickly a deal is signed. The 50% pending rate signals strong demand against tiny supply, but plan for a 60–90 day board process on top of any accepted offer.
🏙️
Property Type Breakout
Condos
Section 04
Condos: The Engine of the Market — and the Most Competitive Segment

With 230 closed sales, the condo market is the busiest, most data-rich segment of Bed-Stuy real estate. It’s also where the most interesting patterns live: fast sellers command a significant premium over slow movers, pre-war buildings beat new development on price, and the amenities that matter most aren’t the ones you’d expect.

Median Sold Price
$895K
Avg $956K · 230 closed sales
Apr ’25 – Mar ’26
Median PPSF
$1,046
Mean $981/sf — consistent across the year
Premium pricing
Median Days on Market
58 days
Mean 94 days — significant skew from long-sitting units
Median is your guide
List-to-Sold Ratio
98.6%
28.3% sold at or above ask — tight negotiations
Low discount window
Median Monthly Fee
$454
Range: $0–$1,840 · Lower than most buyers expect
Affordable carry
Active Listings
109
+ 51 under contract · 31.9% pending rate
Healthy supply
Fast Sellers (<30 days)
29
of 140 condos with DOM data · 20.7% move in under a month
Competitive pockets
Slow Sellers (180+ days)
28
Almost identical count to fast sellers — a tale of two markets
Price is the issue

Here’s the correlation that actually matters: condos that sold in under 30 days had a median price of $980,000 and a PPSF of $1,126. Condos that took more than 90 days had a median price of $824,500 and a PPSF of $1,036. The faster units weren’t cheaper — they were better positioned. Right price, right condition, right timing. The market punishes hesitation, not ambition.

Market Analysis · True North Homes NYC
Condo Sales by Bedroom Type · Closed Transactions
Unit Type Units Sold Median Price Avg Price Median PPSF
Studio 8 $672,500 $660,031
1 Bedroom 55 $725,000 $734,568 ~$1,050
2 Bedroom 85 $999,000 $1,024,459 ~$1,046
3 Bedroom 24 $1,311,354 $1,287,708
Condo Sold Price by Building Era
Pre-war dominates — new development is a surprise
Pre-War
$999,000
Post-War
$667,500
New Dev
$765,000
Pre-war condos command a 31% premium over post-war — and outperform new development by 30%. The character of these buildings is converting to financial value.
Condo Monthly Fees by Building Era
New development is the cheapest to carry
Pre-War
$466/mo
Post-War
$633/mo
New Dev
$378/mo
New development carries the lowest monthly fees — often because reserves haven’t built up yet. That changes over time. Pre-war maintenance is surprisingly affordable.
The amenity correlation nobody talks about

Among condos that sold in under 30 days, the most common features weren’t pools or doormen — they were: in-unit washer/dryer (41 of 47 fast sellers), dishwasher (41), high ceilings (28), oversized windows (26), and common roof deck (22). The practical wins beat the luxury wins every time. A washer/dryer and natural light sell faster than a gym.

29
0–30 Days
35
31–60 Days
18
61–90 Days
30
91–180 Days
28
180+ Days
Market Speed · Condos · Median 58 Days
Fast (Under 30d)Moderate (60-90d)Slow (180d+)
Rating: Moderate-Fast. The median of 58 days puts condos in a competitive but not frenzied zone. The 20% of listings that close in under a month are the sharpest-priced units in the best condition — those move before most buyers even schedule a second showing. The 20% sitting 180+ days have a pricing problem, plain and simple.
🏠
Property Type Breakout
Single Family Homes
Section 05
Single Family: Rare, Coveted, and Priced Accordingly

Single family homes are the unicorns of Bed-Stuy real estate. In twelve months of market data, only 3 sold — and 5 are currently listed or under contract. This is a genuine scarcity play. When they come up, serious buyers move fast. When they linger, there’s usually a condition or pricing issue that the market spotted before the seller did.

Median Sold Price
$1.40M
3 closed sales · Range: $980K–$3.15M
Tiny sample, wide range
Avg Days on Market
87 days
Median 67 days · One outlier at 195 days pulled the avg up
Condition-dependent
Active + Under Contract
5 units
Median asking: $1.5M–$3.34M · 1 under contract at $985K
Scarcity premium

The single family reality check: One of the three sales closed in zero days — a $1.4M pre-war home that was effectively pre-sold. Another took 67 days and sold for $3.15M. A third sat 195 days before closing at $980K. The range tells you everything: buyers for true single-family homes are specific, patient, and unforgiving about price. The one that sold in zero days had private yard, exposed brick, washer/dryer in unit, and central AC. The one that took 195 days had none of those things.

Single Family Closed Sales Detail
Address Sold Price DOM Beds Key Features
110 Putnam Ave $1,400,000 0 days 2 Private yard · Exp. brick · W/D · Central AC · Brownstone
11 Arlington Pl $3,150,000 67 days 6 Private roof deck · Skylights · Chef’s kitchen · W/D
924 Lafayette Ave $980,000 195 days 2 Jacuzzi · Wine storage · Garage · No central AC
Market Speed · Single Family · Median 67 Days
Fast (Under 30d)Moderate (60-90d)Slow (180d+)
Rating: Moderate — with extreme condition-dependence. The sample is too small for statistical confidence, but the pattern is clear: fully loaded, move-in ready single family homes sell immediately or quickly. Anything requiring work or priced above where the comparable rental income math pencils out will wait. Condition is everything in this category.
🏘️
Property Type Breakout
Multi-Family & Townhouses
Section 06
Multi-Family & Townhouses: The Heartbeat of Bed-Stuy

This is the category that defines the neighborhood. With 436 closed sales and a median price of $1.71M, multi-family and townhouse properties account for the lion’s share of Bed-Stuy real estate activity. These are the iconic brownstones, two-families, and three-families that give the neighborhood its character — and in many cases, its investment logic.

Median Sold Price
$1.71M
Avg $1.77M · 436 closed sales
Apr ’25 – Mar ’26
Median PPSF
$629
Mean $648 — consistent across family size
Well below condo PPSF
Median Days on Market
58 days
Mean 92 days · Max 881 days — one extreme outlier
Median tells the story
List-to-Sold Ratio
97.1%
28.1% sold at or above ask — similar to condos
Tight negotiations
Active Listings
71
Median ask: $2.2M · 44 under contract
Ask above sold median
Pending Rate
38.3%
Highest pending rate of any property class
Strongest demand signal
Fast Sellers (<30 days)
59
of 235 with DOM data · Median sale: $1.95M
Premium for speed
Slow Sellers (180+ days)
33
Median sale: $1.80M — $150K below fast-sellers
Overpricing penalty

The ask-to-sold gap in multi-family is telling: active listings are currently priced at a $2.2M median, while the trailing twelve-month sold median is $1.71M. That’s a $490,000 gap between seller ambition and market reality. Sellers are reaching — and in about 28% of cases, the market meets them there. In the other 72%, negotiation brings the number back to earth.

Market Commentary · True North Homes NYC
2-Family vs 3-Family Pricing
By approximate bedroom count · sold transactions
2-Family (4–6 bd)
$1,840,000
3-Family (7–9 bd)
$1,800,000
The two-family and three-family markets are nearly at parity on price. What separates them isn’t the number of units — it’s condition and location within the neighborhood.
Fast vs. Slow Sellers: Price Gap
Days on market correlation with sale price
Under 30 days
$1,950,000
Over 90 days
$1,795,000
Fast-selling multi-families command a $155K premium over slow movers — that’s 8.6% more for getting the price right from day one.
Multi-Family / Townhouse: Days on Market Distribution (235 with DOM data)
DOM Bucket Count % of Sales What It Means
0–30 Days 59 25.1% Sharply priced, strong demand — often off-market or pre-sold
31–60 Days 57 24.3% Normal market pace — good exposure, reasonable negotiation
61–90 Days 38 16.2% Light softening — minor price adjustment typically needed
91–180 Days 48 20.4% Meaningful overprice — market feedback is being ignored
180+ Days 33 14.0% Structural pricing problem — or condition issue stopping buyers
59
0–30 Days
57
31–60 Days
38
61–90 Days
48
91–180 Days
33
180+ Days
Market Speed · Multi-Family & Townhouses · Median 58 Days
Fast (Under 30d)Moderate (60-90d)Slow (180d+)
Rating: Moderate-Fast — with a strong right-price accelerant. Nearly half of all sold multi-family properties closed within 60 days. The 38.3% pending rate is the highest of any property class, signaling that demand is outpacing the available supply. Sellers who price at the market — not above it — are getting offers quickly. Those who don’t are waiting, sometimes for a very long time.
Section 07
The Bigger Picture: What Bed-Stuy Is Telling Us

Pull back from any single property type and the market sends a clear signal: Bedford-Stuyvesant is a neighborhood with real, sustained demand across every price point. The $347K co-op buyer and the $3.15M townhouse buyer are both finding what they came for. That breadth is rare in New York real estate — and it’s what makes Bed-Stuy one of the most dynamic markets in Brooklyn.

Market Composition · All 984 Listings
By property class · Active, Contract, and Sold
984 LISTINGS Multi-Fam (56%) Condo (40%) Co-op (2.7%) Single Fam (1.6%)
Median Sale Price by Property Type
12-month closed transactions
Multi-Family
$1,714K
Single Family
$1,400K
Condo
$895K
Co-op
$348K

The number that puts everything in context: Across all 690 closed sales, the overall median price was approximately $1.25M. Five years ago that number would have seemed aspirational for Bed-Stuy. Today it’s the baseline — and the demand that keeps it there is not going away. Buyers who hesitate waiting for a pullback have been disappointed, repeatedly, for a decade.

Bedford-Stuyvesant is not a market that rewards waiting. It rewards understanding. Know the property type. Know the building. Know what the data says about how fast things are moving — and what condition means for both price and timing. The buyers who do that work are the ones writing purchase agreements. The ones who don’t are still looking.

Christopher Howard · True North Homes NYC

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