$10,000 Closing Credit*
$2,350,000
3 Beds
•2 Full Baths
#RPLU-5123272046, Aran Scott, Listing Office: Douglas Elliman Real Estate
Is Park Slope, 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, 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
$1,593,333
$1,293/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,666(-0.4%)
Key Takeaway
The sold price of homes in Park Slope has remained the same since last year.
Summary: The median home sold price in Park Slope was $1,593,333 in November 2024, down 0.4% from last year, and the median price per square foot was $1,293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $703.9K | -2.9% |
| 2 Bedrooms | $1.3M | $1.3M | +6.5% |
| 3 Bedrooms | $1.9M | $1.9M | -3.7% |
| 4 Bedrooms | $3.7M | $3.4M | -7.7% |
| 5+ Bedrooms | $4.1M | $3.9M | -6.0% |
Summary: Park Slope housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Neighborhoods
| Gowanus | $1.9M | $2.0M | +0.7% |
| Park Slope | $1.5M | $1.5M | -0.4% |
| Prospect Heights | $1.4M | $1.3M | -2.6% |
Housing Supply in Park Slope, NY
How many homes are available in Park Slope, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 86 | -33.8% |
Summary: The Park Slope real estate market had 86 homes for sale in November 2024, a 33.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 17 | -22.7% |
| 2 Bedrooms | 46 | 32 | -30.4% |
| 3 Bedrooms | 27 | 14 | -48.1% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 26 | 17 | -34.6% |
Summary: The Park Slope housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 30.4%, 3 bedroom homes decreased by 48.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 34.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 7 | -63.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 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. 100% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Park Slope in November 2024, down by 63.2% month-over-month. Of the 7 sold homes, 0% were sold under asking, 100% 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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