$8,301 Closing Credit*
$699,000
1 Bed
•1 Full Bath
#RPLU-5123261941, Katherine Bender, Listing Office: Douglas Elliman Real Estate
Is Cobble Hill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cobble Hill has remained a Buyer's Market.
Key Takeaway
Cobble Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cobble Hill, NY
How much do homes in Cobble Hill, NY cost?
Median Sold Price
$2,387,500
$1,401/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$772,500(+47.8%)
Key Takeaway
Homes in Cobble Hill have sold for 47.8% more than they did a year ago.
Summary: The median home sold price in Cobble Hill was $2,387,500 in November 2024, up 47.8% from last year, and the median price per square foot was $1,401.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $765K | $704K | -8.0% |
| 2 Bedrooms | $1.4M | $1.5M | +5.5% |
| 3 Bedrooms | $3.4M | $2.6M | -23.5% |
| 4 Bedrooms | $4.7M | $5.9M | +27.6% |
| 5+ Bedrooms | $6.2M | $6.3M | +1.6% |
Summary: Cobble Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Cobble Hill | $1.6M | $2.3M | +47.8% |
| Brooklyn Heights | $1.4M | $1.9M | +36.3% |
| Carroll Gardens | $1.9M | $2.1M | +12.0% |
Housing Supply in Cobble Hill, NY
How many homes are available in Cobble Hill, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 22 | -15.4% |
Summary: The Cobble Hill real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Cobble Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cobble Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Cobble Hill in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cobble Hill, NY
We’re sorry, we don't have information for this market at the moment
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