Prospect Park South Market Report August 2026: $725K Median

Prospect Park South recorded 2 closed sales in the last 30 days at a median close price of $739K. Active inventory stands at 17 listings with a median asking price of $725K ($943/sqft). Condos dominate at 47% of inventory. 41.2% price reductions among active listings. 1 new listing hit the market this week, while 8 properties are under contract. At current absorption rates, Prospect Park South has approximately 8.5 months of supply, making it a buyer's 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.