$2,699,900
6 Beds
•3 Full Baths
Listing Office: RE/MAX City Square
Is Fort Greene, 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, Fort Greene has remained a Buyer's Market.
Key Takeaway
Fort Greene is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Greene, NY
How much do homes in Fort Greene, NY cost?
Median Sold Price
$1,625,000
$1,062/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$200,000(+14.0%)
Key Takeaway
Homes in Fort Greene have sold for 14% more than they did a year ago.
Summary: The median home sold price in Fort Greene was $1,625,000 in November 2024, up 14% from last year, and the median price per square foot was $1,062.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $787.5K | $572.5K | -27.3% |
| 2 Bedrooms | $1.3M | $1.2M | -4.1% |
| 3 Bedrooms | $1.7M | $2.6M | +52.9% |
| 4 Bedrooms | $3.5M | $3.7M | +6.0% |
| 5+ Bedrooms | $3.3M | $3.6M | +11.5% |
Summary: Fort Greene housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Fort Greene | $1.4M | $1.6M | +14.0% |
| Downtown Brooklyn | $1.3M | $1.4M | +10.8% |
| Northwestern Brooklyn | $1.4M | $1.4M | +1.0% |
Housing Supply in Fort Greene, NY
How many homes are available in Fort Greene, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 29 | -29.3% |
Summary: The Fort Greene real estate market had 29 homes for sale in November 2024, a 29.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 4 | -55.6% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Fort Greene housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 55.6%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 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 Fort Greene, 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 Fort Greene in November 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 Fort Greene, NY
We’re sorry, we don't have information for this market at the moment
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