Is Greenwood Heights, 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, Greenwood Heights has remained a Buyer's Market.
Housing Prices in Greenwood Heights, NY
How much do homes in Greenwood Heights, NY cost?
Median Sold Price
$1,650,000
$1,093/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenwood Heights was $1,650,000 in April 2024, up 29.7% from last year, and the median price per square foot was $1,093.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $650K | $810K | +24.6% |
2 Bedrooms | $1.0M | $1.5M | +38.3% |
3 Bedrooms | $1.7M | $1.8M | +7.7% |
4 Bedrooms | $1.9M | $2.2M | +15.8% |
5+ Bedrooms | $1.7M | $1.4M | -19.0% |
Summary: Greenwood Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 38.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Neighborhoods
Greenwood Heights | $1.2M | $1.6M | +29.7% |
South Slope | $1.4M | $1.6M | +15.0% |
South Brooklyn | $1.5M | $1.6M | +1.7% |
Windsor Terrace | $1.1M | $1.1M | 0.0% |
Gowanus | $2.2M | $1.9M | -11.1% |
Housing Supply in Greenwood Heights, NY
How many homes are available in Greenwood Heights, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 42 | -10.6% |
Summary: The Greenwood Heights real estate market had 42 homes for sale in April 2024, a 10.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 6 | -25.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Greenwood Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Greenwood Heights in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood Heights, NY
How long does it take to sell a home in Greenwood Heights, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 190 Days | +331.8% |
Summary: Homes in Greenwood Heights had an average of 190 days on market in Apr 2024, up by 331.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Greenwood Heights; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.