Is Carroll Gardens, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll Gardens is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Carroll Gardens was a Buyer's Market.

Key Takeaway

Carroll Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carroll Gardens, NY

How much do homes in Carroll Gardens, NY cost?

Median Sold Price

$2,300,000

$1,299/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$380,000(+19.8%)

Key Takeaway

Homes in Carroll Gardens have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Carroll Gardens was $2,300,000 in October 2024, up 19.8% from last year, and the median price per square foot was $1,299.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $820K$842K
+2.7%
2 $1.3M$1.6M
+20.2%
3 $2.4M$2.6M
+10.8%
4 $3.0M$2.8M
-7.8%
5+ $4.4M$3.6M
-19.0%

Summary: Carroll Gardens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 19%.

Median Sold Price Compared To Nearby Neighborhoods

Cobble Hill
+38.8%
Carroll Gardens
+19.8%
South Brooklyn
-1.2%

Housing Supply in Carroll Gardens, NY

How many homes are available in Carroll Gardens, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3134+9.7%

Summary: The Carroll Gardens real estate market had 34 homes for sale in October 2024, a 9.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 911
+22.2%
3 78
+14.3%
4 53
-40.0%
5+ 78
+14.3%

Summary: The Carroll Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll Gardens, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Carroll Gardens in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.

Days on Market for Carroll Gardens, NY

How long does it take to sell a home in Carroll Gardens, NY?

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carroll Gardens are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Carroll Gardens; 13% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Carroll Gardens, NY

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