Park Slope Rolling Home Sales
What is Rolling Sales Data and its significance?
Refers to set data points (i.e. sales figures) that is continuously updating for the most recent data while eliminating oldest data in a moving window of time. Doing so creates a snapshot which illustrates various trends at that given time. We use this data to understand what happened recently and compare the newest and oldest dataset to forecast continuing trends in the market and better serve our clients.
Year over year April 2025
Market conditions from a year over year ("yoy") perspective for the Park Slope market.
Total Sales Inventory yoy ~29.56% increase in inventory
Total Sales Inventory "yoy"
Median Days on Market yoy ~3.17% decrease in days on market
Median Days on Market "yoy"
We have not seen this much activity in three years! Inventory levels jumped, ~approximately 70 new listings appear since last month alone, and while more inventory came in the days on market are still the same. Things are getting excited in Park Slope. From data alone it looks like market is hot as ever, but we are in a cycle I expect data coming in the next few months to be as strong as ever, buyers are in full effect. With this many listings coming to life median days on market has not been material effected.
Buyers are fully used to the higher interest rates. I do not see it affecting buyer sentiment as it first 2 years ago. Tariffs should not be directly affecting real estate. However, from a macro perspective I can see a potential dip in interest rates as unclear tariff policy cause uncertainty and investors will drive towards bonds driving lower interest rates.
If you have any questions or looking to sell or buy Park Slope real estate. Please book a call or contact me!
