$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 October 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
$2,335,000
$1,396/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$652,500(+38.8%)
Key Takeaway
Homes in Cobble Hill have sold for 38.8% more than they did a year ago.
Summary: The median home sold price in Cobble Hill was $2,335,000 in October 2024, up 38.8% from last year, and the median price per square foot was $1,396.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $717K | -1.1% |
| 2 Bedrooms | $1.4M | $1.5M | +11.6% |
| 3 Bedrooms | $2.6M | $2.6M | 0.0% |
| 4 Bedrooms | $4.7M | $5.9M | +27.6% |
| 5+ Bedrooms | $6.2M | $6.3M | +0.8% |
Summary: Cobble Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Cobble Hill | $1.6M | $2.3M | +38.8% |
| Brooklyn Heights | $1.5M | $1.9M | +31.5% |
| Carroll Gardens | $1.9M | $2.3M | +19.8% |
Housing Supply in Cobble Hill, NY
How many homes are available in Cobble Hill, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Cobble Hill real estate market had 29 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Cobble Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were 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 3 homes were sold or pending in Cobble Hill in October 2024, the same as the previous 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 Cobble Hill, NY
We’re sorry, we don't have information for this market at the moment
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