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Brooklyn luxury market notches back-to-back record weeks
May 12, 2026
Posted 2 hours ago by
Brooklyn’s luxury market is showing no signs of slowing down. The borough scored 37 contracts signed for homes asking at least 2 million from May 4 to May 10 for a total contract volume of 153 million, according to Compass’ weekly report. The contract volume is the second-highest since Compass began compiling the data in 2020 and comes one week after the borough set a new record with 37 contracts signed for 156 million.
Contracts signed last week included 17 condos, four co-ops and 16 single-family homes. The median asking price for deals signed last week was 3 million, []This article originally appeared on The Real Deal. Click here to read the full story.
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