Is 06010, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 06010 has remained a Seller's Market.
Key Takeaway
06010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06010, CT
How much do homes in 06010, CT cost?
Median Sold Price
$285,160
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 06010 have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in 06010 was $285,160 in May 2024, up 9.5% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $134.9K | +36.3% |
| 2 Bedrooms | $182K | $210K | +15.4% |
| 3 Bedrooms | $272K | $305K | +12.1% |
| 4 Bedrooms | $300K | $325K | +8.3% |
| 5+ Bedrooms | $304.5K | $352.5K | +15.8% |
Summary: 06010 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 06010, CT
How many homes are available in 06010, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 190 | 185 | -2.6% |
Summary: The 06010 real estate market had 185 homes for sale in May 2024, a 2.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 40 | 37 | -7.5% |
| 3 Bedrooms | 97 | 87 | -10.3% |
| 4 Bedrooms | 30 | 36 | +20.0% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The 06010 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 58 | +11.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06010, you could pay more than the asking price. 77.6% of homes here sold above asking price last month.
Summary: A total of 58 homes were sold or pending in 06010 in May 2024, up by 11.5% month-over-month. Of the 58 sold homes, 17% were sold under asking, 5% were sold at asking, and 78% were sold over asking.
Days on Market for 06010, CT
We’re sorry, we don't have information for this market at the moment
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