$3,499,999
2,637 SqFt
9 Beds
•4 Full Baths
#488074, Listing Office: Brooklyn Real Property Inc.
Is Greenwood Heights, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Greenwood Heights was a Neutral Market.
Key Takeaway
Greenwood Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenwood Heights, NY
How much do homes in Greenwood Heights, NY cost?
Median Sold Price
$1,278,000
$1,124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$411,000(-24.3%)
Key Takeaway
Homes in Greenwood Heights have sold for 24.3% less than they did a year ago.
Summary: The median home sold price in Greenwood Heights was $1,278,000 in November 2024, down 24.3% from last year, and the median price per square foot was $1,124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $552K | $780K | +41.3% |
| 2 Bedrooms | $1.3M | $1.2M | -11.3% |
| 3 Bedrooms | $1.8M | $1.7M | -5.7% |
| 4 Bedrooms | $2.1M | $1.4M | -34.9% |
| 5+ Bedrooms | $1.7M | $1.3M | -25.9% |
Summary: Greenwood Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.3%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Windsor Terrace | $999K | $1.1M | +14.4% |
| Gowanus | $1.9M | $2.0M | +0.7% |
| South Brooklyn | $1.6M | $1.6M | 0.4% |
| South Slope | $1.6M | $1.5M | -5.8% |
| Greenwood Heights | $1.6M | $1.2M | -24.3% |
Housing Supply in Greenwood Heights, NY
How many homes are available in Greenwood Heights, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 38 | -17.4% |
Summary: The Greenwood Heights real estate market had 38 homes for sale in November 2024, a 17.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Greenwood Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 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 Greenwood Heights, 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 Greenwood Heights in November 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 Greenwood Heights, NY
We’re sorry, we don't have information for this market at the moment
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