CARROLL GARDENS — Pricey condo listings are leading Carroll Gardens' real estate market while the price point for multi-family homes remains low in comparison, according to a recent snapshot of the neighborhood.
In August 2016, the average listing price in the neighborhood was $1,137 per square feet, with ranges from $637 to $1,581 per square foot, according to real estate research firm NeighborhoodX which looked at townhouses, co-ops and new and old condo developments.
Among the most expensive listings in the neighborhood, condo units held the top four spots, the analysis shows. A luxury condo unit at 350 Degraw St. was listed at $1,581 per square foot, followed by two units at 145 Summit St., listed at $1,577 and $1,554 per square feet.
"It's not that long ago that Carroll Gardens was considered the affordable alternative to Cobble Hill," said Constantine Valhouli, the company's founder.
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Older townhouses are the least expensive listings, according to NeighborhoodX's data. A 5,174 square-foot house at 186 Sackett St. was listed at $637 per square foot and another multi-family home at 141 Huntington St. was listed at $800 per square foot.
"People can get into a neighborhood like Carroll Gardens at a range of prices," Valhouli said.
But the lower end is not likely to remain that way in years to come as demand for homes in the neighborhood increases.
Carroll Gardens, which shares a school district with Cobble Hill and Park Slope, is home to several new bars and restaurants as well as kid-centric amenities.
"We’re going to see that low end move up toward the average,” he said.
