Is 06708, 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, 06708 has remained a Seller's Market.
Housing Prices in 06708, CT
How much do homes in 06708, CT cost?
Median Sold Price
$270,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06708 was $270,000 in May 2024, up 14.9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | $160K | +107.8% |
2 Bedrooms | $175K | $209K | +19.4% |
3 Bedrooms | $260K | $282.5K | +8.7% |
4 Bedrooms | $265K | $350K | +32.1% |
5+ Bedrooms | $301K | $342.5K | +13.8% |
Summary: 06708 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.8%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in 06708, CT
How many homes are available in 06708, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
114 | 122 | +7.0% |
Summary: The 06708 real estate market had 122 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 30 | 32 | +6.7% |
3 Bedrooms | 57 | 64 | +12.3% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 06708 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 06708 in May 2024, up by 13.8% month-over-month. Of the 33 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for 06708, CT
We’re sorry, we don't have information for this market at the moment