Is Ditmas Park, 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, Ditmas Park has remained a Buyer's Market.
Housing Prices in Ditmas Park, NY
How much do homes in Ditmas Park, NY cost?
Median Sold Price
$675,000
$656/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ditmas Park was $675,000 in April 2024, down 25.4% from last year, and the median price per square foot was $656.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $483K | $525K | +8.7% |
2 Bedrooms | $813.5K | $712K | -12.5% |
3 Bedrooms | $1.1M | $1.3M | +25.0% |
4 Bedrooms | $1.4M | $2.4M | +67.5% |
5+ Bedrooms | $2.3M | $2.3M | +1.0% |
Summary: Ditmas Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 67.5%, and 5+ bedroom homes increased by 1%.
Housing Supply in Ditmas Park, NY
How many homes are available in Ditmas Park, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 48 | 0.0% |
Summary: The Ditmas Park real estate market had 48 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 15 | -6.3% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Ditmas Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Ditmas Park in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Ditmas Park, NY
How long does it take to sell a home in Ditmas Park, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
148 Days | 77 Days | -48.1% |
Summary: Homes in Ditmas Park had an average of 77 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Ditmas Park; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.