$9,488 Closing Credit*
$799,000
1 Bed
•1 Full Bath
#RPLU-33423217933, James Guimaraes, Listing Office: Corcoran Group
Is Park Slope, 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, Park Slope has remained a Buyer's Market.
Key Takeaway
Park Slope is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Park Slope, NY
How much do homes in Park Slope, NY cost?
Median Sold Price
$1,583,911
$1,290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$46,714(-2.9%)
Key Takeaway
Homes in Park Slope have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Park Slope was $1,583,911 in October 2024, down 2.9% from last year, and the median price per square foot was $1,290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $717K | -1.1% |
| 2 Bedrooms | $1.3M | $1.3M | +2.6% |
| 3 Bedrooms | $1.9M | $1.9M | -2.1% |
| 4 Bedrooms | $3.7M | $3.6M | -2.5% |
| 5+ Bedrooms | $4.2M | $3.9M | -7.1% |
Summary: Park Slope 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 2.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Prospect Heights | $1.3M | $1.3M | -2.3% |
| Park Slope | $1.6M | $1.5M | -2.9% |
Housing Supply in Park Slope, NY
How many homes are available in Park Slope, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 132 | -5.7% |
Summary: The Park Slope real estate market had 132 homes for sale in October 2024, a 5.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 21 | -25.0% |
| 2 Bedrooms | 49 | 47 | -4.1% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Park Slope housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park Slope, expect to pay close to the asking price. 87.5% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Park Slope in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 13% were sold under asking, 88% were sold at asking, and 0% were sold over asking.
Days on Market for Park Slope, NY
We’re sorry, we don't have information for this market at the moment
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