As real estate shows signs of cooling nationally, the Brooklyn housing market remains robust, with home prices reaching new highs and inventory also climbing in the third quarter.

Average and median prices for homes across the borough rose to their highest levels on record in the third quarter of 2025, with the median sales price now crossing the million-dollar mark, according to an early October market report from appraisal firm Miller Samuel for Douglas Elliman.

The average sale price of all types of homes climbed 11.6% year over year to $1,388,463, while the median hit $1.05 million, up 7.7% from the same time last year. It is the third consecutive quarter the prices have hit new heights in the borough.

Sales activity and inventory also increased, showing movement in the market, e

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