Is Prospect Park South, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Prospect Park South was a Neutral Market.
Housing Prices in Prospect Park South, NY
How much do homes in Prospect Park South, NY cost?
Median Sold Price
$620,000
$853/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Prospect Park South was $620,000 in April 2024, down 32.8% from last month, and the median price per square foot was $853.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $857.5K | $620K | -27.7% |
3 Bedrooms | $922.5K | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Prospect Park South housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Prospect Park South, NY
How many homes are available in Prospect Park South, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The Prospect Park South real estate market had 24 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Prospect Park South housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Prospect Park South in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Prospect Park South, NY
We’re sorry, we don't have information for this market at the moment