Is Carroll Gardens, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Carroll Gardens has remained a Buyer's Market.
Key Takeaway
Carroll Gardens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carroll Gardens, NY
How much do homes in Carroll Gardens, NY cost?
Median Sold Price
$1,877,500
$1,242/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carroll Gardens have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in Carroll Gardens was $1,877,500 in May 2024, down 12.7% from last year, and the median price per square foot was $1,242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $807.5K | $879K | +8.9% |
| 2 Bedrooms | $1.4M | $1.3M | -7.9% |
| 3 Bedrooms | $2.2M | $2.4M | +10.1% |
| 4 Bedrooms | $3.1M | $2.9M | -4.0% |
| 5+ Bedrooms | $3.7M | $5.7M | +50.9% |
Summary: Carroll Gardens housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 50.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Cobble Hill | $1.5M | $1.9M | +22.2% |
| South Brooklyn | $1.6M | $1.6M | +1.7% |
| Carroll Gardens | $2.1M | $1.8M | -12.7% |
| Gowanus | $2.2M | $1.9M | -15.5% |
Housing Supply in Carroll Gardens, NY
How many homes are available in Carroll Gardens, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Summary: The Carroll Gardens real estate market had 42 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Carroll Gardens housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carroll Gardens, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Carroll Gardens in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Carroll Gardens, NY
How long does it take to sell a home in Carroll Gardens, NY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carroll Gardens are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Carroll Gardens; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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