Is Stuyvesant / Prospect, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Stuyvesant / Prospect was a Seller's Market.
Key Takeaway
Stuyvesant / Prospect is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stuyvesant / Prospect, NJ
How much do homes in Stuyvesant / Prospect, NJ cost?
Median Sold Price
$162,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Stuyvesant / Prospect have sold for 62.5% more than they did a year ago.
Summary: The median home sold price in Stuyvesant / Prospect was $162,500 in April 2024, up 62.5% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $105K | $115K | +9.5% |
| 4 Bedrooms | $90K | $171K | +90.0% |
| 5+ Bedrooms | $245K | $170K | -30.6% |
Summary: Stuyvesant / Prospect housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 90%, and 5+ bedroom homes decreased by 30.6%.
Housing Supply in Stuyvesant / Prospect, NJ
How many homes are available in Stuyvesant / Prospect, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Summary: The Stuyvesant / Prospect real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Stuyvesant / Prospect housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stuyvesant / Prospect, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Stuyvesant / Prospect in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Stuyvesant / Prospect, NJ
How long does it take to sell a home in Stuyvesant / Prospect, NJ?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 116 Days | 15 Days | -87.1% |
Summary: Homes in Stuyvesant / Prospect had an average of 15 days on market in Apr 2024, down by 87.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stuyvesant / Prospect are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Stuyvesant / Prospect; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
