Prospect Park South Market Update: March 2026

Prospect Park South recorded 5 closed sales in the last 30 days at a median close price of $849K. Active inventory stands at 19 listings with a median asking price of $630K ($965/sqft). Condos dominate at 47% of inventory. 15.8% of active listings have had at least one price reduction. 1 new listing hit the market this week, while 15 properties are under contract. At current absorption rates, Prospect Park South has approximately 3.8 months of supply, making it a seller'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.