Prospect Park South recorded 4 closed sales in the last 30 days at a median close price of $762K. Active inventory stands at 20 listings with a median asking price of $624K ($944/sqft). Condos dominate at 45% of inventory. 15.0% price reductions among active listings. 1 new listing hit the market this week, while 14 properties are under contract. At current absorption rates, Prospect Park South has approximately 5 months of supply, making it a balanced market. As a Prospect Park South specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Prospect Park South, call me at (917) 416-7433 for a personalized market analysis.
Prospect Park South Market Update: March 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10401274378 | (917) 416-7433
20
Active Listings
$624K
Median Asking
4
Sold (30 Days)
5
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 20 |
| Pending Sales | 14 |
| Median Asking Price | $624K |
| Median Price/Sqft | $944 |
| Avg Days on Market | N/A |
| New This Week | 1 |
| Price Reduced | 3 (15.0%) |
| Sold (Last 30 Days) | 4 |
| Sold (Last 90 Days) | 10 |
| Median Sale Price (90d) | $762K |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 5 (balanced market) |
Property Mix
Based on 4 transactions. Limited volume may result in atypical metrics.
Recent Transactions
|
|
17 E 17th Street #B3, Apt B3 | $435,000 | 1 BR | Mar 26, 2026 |
|
|
202 Marlborough Road | $1,700,000 | 8 BR | Mar 16, 2026 |
|
|
1221 Albemarle Road | $6,250,000 | 6 BR | Mar 2, 2026 |
|
|
608 OCEAN Avenue #903, Apt 903 | $595,000 | 1 BR | Mar 13, 2026 |
Rental Market
1
Closed Rentals (30 Days)
$2,416/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 1 BR | Limited data | Limited data | Limited data |
Based on 1 transaction. Limited volume may result in atypical metrics.
Recent Transactions
|
|
29 E 17th Street #320, Apt 320 | $2,416/mo | 1 BR | Mar 24, 2026 |
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Active Listings in Prospect Park South
View All$1,500,000
27 E 18th Street
$575,000
15 E 19th Street #1B
$4,250,000
116 BUCKINGHAM Road
$410,000
608 OCEAN Avenue #404
$550,000
608 OCEAN Avenue #602
$699,000
26 E 19th Street #3C
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.