Is Cobble Hill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cobble Hill has remained a Buyer's Market.
Key Takeaway
Cobble Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cobble Hill, NY
How much do homes in Cobble Hill, NY cost?
Median Sold Price
$1,612,500
$1,356/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cobble Hill have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Cobble Hill was $1,612,500 in April 2024, down 7.9% from last year, and the median price per square foot was $1,356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $720K | $727.5K | +1.0% |
| 2 Bedrooms | $1.7M | $1.5M | -13.3% |
| 3 Bedrooms | $2.6M | $2.9M | +10.3% |
| 4 Bedrooms | $5.3M | $4.2M | -22.0% |
| 5+ Bedrooms | $6.1M | $6.1M | 0.2% |
Summary: Cobble Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Brooklyn Heights | $1.4M | $1.6M | +14.0% |
| Boerum Hill | $1.7M | $1.8M | +4.0% |
| Carroll Gardens | $1.9M | $1.9M | -3.1% |
| Cobble Hill | $1.7M | $1.6M | -7.9% |
Housing Supply in Cobble Hill, NY
How many homes are available in Cobble Hill, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Summary: The Cobble Hill real estate market had 30 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Cobble Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobble Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Cobble Hill in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cobble Hill, NY
We’re sorry, we don't have information for this market at the moment
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