Williamsburg New Development: Market Pulse

Monthly contract, closing, and pricing trends shaping Williamsburg's new development.

What August showed

August Slowed, but Pricing Held

Williamsburg new-development activity slowed sharply in August, but pricing remained relatively stable. Buyers signed nine contracts, down 31% from July, while 11 units closed, a 58% decline.

Contract price per square foot slipped 2% to $1,871. Eight of the 11 closings sold at or above their final asking price, indicating that the drop in activity did not lead to broad discounting.

Demand remained concentrated. One Domino Square generated three contracts and 46% of signed dollar volume, while One Williamsburg Wharf accounted for four closings.

August is typically a slow month, so the decline should be read with caution. Mortgage rates began climbing again in September, after the period covered by this report. That shift does not explain August’s slowdown, but it may affect whether activity picks up as the fall market begins.

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The month in five numbers
Signed contracts
9
-31% vs July
Contract volume
$18.1M
-40% vs July
Contract price
$2.02M
-13% vs July
Contract PPSF
$1,871
-2% vs July
Closings
11
-58% vs July
01 Sponsor negotiability

Concessions remain selective.

The monthly share of sponsor sales closing at or above the final asking price. Each dot represents one month; the heavier line shows the 12-month trend. In the 2018–19 market, more than half of units closed below ask.

Compare trends
12-month trend 50% line

Measured against the last asking price, so it does not capture cuts a sponsor made before that final ask. Original list price is not in the data.

02 Contract pace

Fewer deals, narrower demand.

August extended the summer pullback in Williamsburg. Signed contracts fell from 28 in June to 13 in July and nine in August. Contract volume followed, declining from $30.28 million in July to $18.14 million.

Activity was also concentrated. Three contracts at One Domino Square totaled $8.36 million, accounting for 46% of the month’s signed dollar volume.

For developers, the August story was not only that fewer contracts were signed. A large share of the month’s activity came from one project, leaving less demand spread across the broader market.

Signed contracts 3-month average 12-month trend Locked history, shape only
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Signed contracts by month, January 2018 through August 2026. The twelve-month trend last read 20.2 in August 2026. February 2026 recorded 37 signings, the busiest single month in the series.
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03 Sold PPSF

Sold pricing, month by month.

Each point shows the median price per square foot of Williamsburg sponsor closings recorded that month. Choose a 3-, 6-, or 12-month trend to see the broader direction.

Selected monthAugust 2026 · $1,733/SF
August 2026: $1,733 per square foot. The chart shows monthly median sold PPSF; optional 3, 6, and 12-month trends are off by default.
04 Month over month

How the numbers moved.

Track how each metric changes month by month. Hover over any cell to see the exact figures.

Strength Weakness DOM inverted

Data note: sold price-per-square-foot averages cover the sales with recorded square footage (Dec 6/15, Jan 9/24, Feb 6/10, Mar 22/25, Apr 8/13, May 21/27 of that month's sales); sold days-on-market averages cover the sales with a marketing history (Dec 4/19, Jan 17/29, Feb 10/15, Mar 18/30, Apr 10/16, May 23/31, Jun 15/20, Jul 14/26); deed-recorded sales without a public listing are excluded, and months with no supported value show n/a.

Williamsburg new development, monthly market metrics, December 2025 through August 2026. Values are monthly aggregates; the percentage beneath each value is the month-over-month change. Source: Compass, REBNY MLS, and verified public data.
Metric Unit December 2025 January 2026 February 2026 March 2026 April 2026 May 2026 June 2026 July 2026 August 2026
Signed contracts contracts 14 23+64% 37+61% 23-38% 21-9% 25+19% 28+12% 13-54% 9-31%
Closed sales closings 15 24+60% 10-58% 25+150% 13-48% 27+108% 15-44% 26+73% 11-58%
Contract dollar volume USD (millions) $23.1M $38.4M+67% $86.3M+125% $50.0M-42% $39.5M-21% $59.4M+50% $66.4M+12% $30.3M-54% $18.1M-40%
Closed dollar volume USD (millions) $40.1M $38.1M-5% $24.8M-35% $52.0M+110% $30.2M-42% $61.9M+105% $33.4M-46% $64.3M+93% $19.0M-70%
Contract price per sq ft USD / sq ft $1,444 $1,806+25% $1,879+4% $1,773-6% $1,707-4% $1,739+2% $1,831+5% $1,912+4% $1,871-2%
Sold price per sq ft USD / sq ft $847 $1,228+45% $2,092+70% $1,776-15% $1,639-8% $1,952+19% $1,928-1% $1,866-3% $1,738-7%
Days on market (contract) days 62 days 51 days-18% 45 days-12% 26 days-42% 38.6 days+49% 96 days+149% 67 days-30% 142 days+112% 25.2 days-82%
Days on market (sold) days 80.8 days 38 days-53% 57.8 days+52% 36.1 days-37% 47.7 days+32% 30.8 days-35% 33.3 days+8% 84.6 days+154% 63.4 days-25%

Swipe months

* Average sold PPSF

05 August, Deal by Deal

Every August contract and closing.

Explore every August deal in detail, from new contracts at the final ask to recorded closings at the sale price. These are the transactions behind this month's numbers.

Address Unit Sold price SF $/SF Closed
8 S 4th St 34D $2,705,000 1,303 $2,076 Aug 27
127 Kent Ave PH2H $2,450,000 1,166 $2,101 Aug 20
480 Kent Ave 20D $2,350,000 1,145 $2,052 Aug 19
28 Herbert St 2C $1,180,000 705 $1,674 Aug 2
8 S 4th St 3D $1,460,000 845 $1,728 Aug 4
127 Kent Ave 4F $1,690,000 920 $1,837 Aug 6
480 Kent Ave 5A $1,920,000 1,035 $1,855 Aug 8
480 Kent Ave 6C $2,140,000 1,125 $1,902 Aug 10
480 Kent Ave 7D $2,380,000 1,240 $1,919 Aug 12
106 Graham Ave 8F $2,630,000 1,375 $1,913 Aug 14
106 Graham Ave 9A $2,890,000 1,490 $1,940 Aug 16

11 closings · $19.0M sold · avg $1,738/SF

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Past and present, all in focus.
06 Volume and pricing

Deal volume and price per foot.

Monthly contract volume, with a three-month average. August recorded $18.14M in new deals, down 40% from July, while contract PPSF declined 2% to $1,871.

Contract volume ($M) Volume · 3-mo avg Contract PPSF · 3-mo avg
Contract volume bars: 38.4, 86.3, 50.0, 39.5, 59.4, 66.4, 30.3, 18.1 million. Volume 3-month average: 33.3, 49.3, 58.2, 58.6, 49.6, 55.1, 52.0, 38.3 million. Contract PPSF 3-month average: 1649, 1710, 1819, 1786, 1740, 1759, 1827, 1871.

Williamsburg new development transaction data is compiled monthly from Compass, REBNY MLS, and verified public data. Sponsor sale data from entities deemed reliable, but may contain errors, omissions, or changes without notice.