$799,000
1,092 SqFt
3 Beds
•2 Full Baths
Listing Office: LJ Realty Team Inc
October 2024
Report Updated 1 Day Ago
Is Brooklyn, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Brooklyn has remained a Buyer's Market.
How much do homes in Brooklyn, NY cost?
$984,431
$696/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Brooklyn was $984,431 in October 2024, up 3.3% from last year, and the median price per square foot was $696.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $579K | $551.7K | -4.7% |
2 Bedrooms | $914.5K | $946.6K | +3.5% |
3 Bedrooms | $950.6K | $995K | +4.7% |
4 Bedrooms | $1.2M | $1.2M | -3.2% |
5+ Bedrooms | $1.4M | $1.4M | +2.2% |
Summary: Brooklyn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 2.2%.
How many homes are available in Brooklyn, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
4,687 | 4,691 | 0.1% |
Summary: The Brooklyn real estate market had 4,691 homes for sale in October 2024, a 0.1% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 889 | 820 | -7.8% |
2 Bedrooms | 1,053 | 1,039 | -1.3% |
3 Bedrooms | 937 | 929 | -0.9% |
4 Bedrooms | 445 | 446 | 0.2% |
5+ Bedrooms | 1,363 | 1,457 | +6.9% |
Summary: The Brooklyn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 6.9%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
448 | 436 | -2.7% |
169 Homes Were Sold
Under Asking
217 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 436 homes were sold or pending in Brooklyn in October 2024, down by 2.7% month-over-month. Of the 436 sold homes, 39% were sold under asking, 50% were sold at asking, and 11% were sold over asking.
How long does it take to sell a home in Brooklyn, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
117 Days | 97 Days | -17.2% |
Summary: Homes in Brooklyn had an average of 97 days on market in Oct 2024, down by 17.2% compared to last year.
56 Homes Were Sold
Under 30 Days
93 Homes Were Sold
In 30 - 90 Days
78 Homes Were Sold
Over 90 Days
Summary: During October 2024, 436 homes were sold in Brooklyn; 13% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 1 Day Ago
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Based on information from Brooklyn MLS, Real Estate Board of New York, OneKey MLS, and New Jersey MLS for the period 11/01/2022 - 11/01/2024
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 11/2/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/2/2024, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/2/2024, 4:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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