Is Prospect Lefferts Gardens, 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, Prospect Lefferts Gardens has remained a Buyer's Market.
Key Takeaway
Prospect Lefferts Gardens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Prospect Lefferts Gardens, NY
How much do homes in Prospect Lefferts Gardens, NY cost?
Median Sold Price
$997,885
$808/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Prospect Lefferts Gardens have sold for 26.7% more than they did a year ago.
Summary: The median home sold price in Prospect Lefferts Gardens was $997,885 in April 2024, up 26.7% from last year, and the median price per square foot was $808.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $599.5K | $575K | -4.1% |
| 2 Bedrooms | $849K | $887.5K | +4.5% |
| 3 Bedrooms | $1.2M | $1.3M | +11.6% |
| 4 Bedrooms | $2.0M | $2.0M | -2.0% |
| 5+ Bedrooms | $2.5M | $1.8M | -27.5% |
Summary: Prospect Lefferts Gardens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 27.5%.
Housing Supply in Prospect Lefferts Gardens, NY
How many homes are available in Prospect Lefferts Gardens, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 59 | +5.4% |
Summary: The Prospect Lefferts Gardens real estate market had 59 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Prospect Lefferts Gardens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 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 Prospect Lefferts Gardens, 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 Prospect Lefferts Gardens in April 2024, down 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 Prospect Lefferts Gardens, NY
We’re sorry, we don't have information for this market at the moment
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