Is 06611, 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, 06611 has remained a Seller's Market.
Housing Prices in 06611, CT
How much do homes in 06611, CT cost?
Median Sold Price
$577,500
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06611 was $577,500 in May 2024, up 9.6% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.9K | $374.5K | +29.1% |
2 Bedrooms | $411.5K | $440K | +6.9% |
3 Bedrooms | $500K | $520K | +4.0% |
4 Bedrooms | $630K | $700K | +11.1% |
5+ Bedrooms | $667K | $700K | +4.9% |
Summary: 06611 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.1%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 06611, CT
How many homes are available in 06611, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
105 | 110 | +4.8% |
Summary: The 06611 real estate market had 110 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 38 | 45 | +18.4% |
4 Bedrooms | 48 | 45 | -6.3% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 06611 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 increased by 28.6%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 06611 in May 2024, up by 32.0% month-over-month. Of the 33 sold homes, 21% were sold under asking, 6% were sold at asking, and 73% were sold over asking.
Days on Market for 06611, CT
We’re sorry, we don't have information for this market at the moment