Gravesend Market Update: March 2026

Gravesend recorded 1 closed sale in the last 30 days at a median close price of $825K. Active inventory stands at 14 listings with a median asking price of $839K ($792/sqft). Co-ops dominate at 36% of inventory. 42.9% price reductions among active listings. 0 new listings hit the market this week, while 10 properties are under contract. At current absorption rates, Gravesend has approximately 14 months of supply, making it a buyer's market. As a Gravesend 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 Gravesend, call me at (917) 416-7433 for a personalized market analysis.