Brooklyn Real Estate Market 2025: Insights from Cynthia Acevedo

By Saleem Mubarak

NEW YORK–Brooklyn’s real estate market is slowing down as summer ends, with fewer homes on the market and buyers competing for the right deals. 

Expert broker Cynthia Acevedo warns that overpricing can backfire and advises sellers to attract buyers with smart incentives, while buyers need to act fast or risk missing out.

Talking to Aims Wireless, Cynthia Acevedo, a Licensed Associate Real Estate Broker, said that there are certainly not more homes on the market right now. 

“I work mostly in Brooklyn, and typically around this time of year, sales tend to slow down a little bit because of the summer. But that’s nothing you don’t already know.” 

Brooklyn Real Estate Sales Slowdown Over Summer

Many sellers wait until after the Labor Day holiday to list their properties. So, over the summer, things have been a little slow, and inventory–at least from the Brooklyn end, has been somewhat a little light. 

I have buyers looking for co-op properties in Manhattan, and those have been slow to come on the market for their price range. The period from Labor Day to Thanksgiving is a short season, but it’s a very active one.  

When asked whether she thinks the number of homes for sale has changed since last year, she said that if properties are well-priced, which, in her experience, is the best advice she can give anyone– you need to incentivize buyers.

When you do that,” she said, “you have a seller who is willing to take your advice and aims to attract as many buyers as possible, making the bidding as competitive as it can be.” 

You should not try to overprice a property because, ultimately, the market will tell you its true value–it always does, she remarked. 

Expert Advice for Buyers and Sellers in the Coming Year

Cynthia Acevedo said that compared to last year, I would say it’s a little slower this time. But then again, last year we had a different administration, and the markets weren’t as jittery. 

When asked what advice she would give to buyers or sellers for next year, given that most people are just waiting for a silver lining, and are not ready to invest, she said: “In my experience, the real estate market has proven to be more stable than the securities market. That’s a major reason why people with stocks and bonds on Wall Street see the market bullish one day and bearish the next, she noted. 

Importance of Working with a Knowledgeable Broker

“I believe the market will remain strong and may lean more towards a seller’s market. I’ve been in this business for over 30 years. Everybody wants the deal of a lifetime, but typically, when they wait for that perfect deal, what tends to happen? 

They wait– and end up messing out on many opportunities. You never get all 12 eggs when you’re looking to buy or rent a property.”

How to Act Fast to Secure the Best Real Estate Deals?

She said that it’s important to identify your top eight criteria for a purchase and work with a good broker who will keep you informed about promising deals. Be ready to act quickly, because many people are looking for the same opportunity. If you hesitate, you will find yourself kicking yourself down the road.