Is New Preston Marble Dale, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, New Preston Marble Dale was a Neutral Market.
Key Takeaway
New Preston Marble Dale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Preston Marble Dale, CT
How much do homes in New Preston Marble Dale, CT cost?
Median Sold Price
$1,517,500
$465/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in New Preston Marble Dale have sold for 34.9% more than they did a month ago.
Summary: The median home sold price in New Preston Marble Dale was $1,517,500 in May 2024, up 34.9% from last month, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $932.5K | $410K | -56.0% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.1M | - | N/A |
| 5+ Bedrooms | - | $2.6M | N/A |
Summary: New Preston Marble Dale housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 56%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Preston Marble Dale | $1.1M | $1.5M | +34.9% |
| Washington Depot | $600K | $611.5K | +1.9% |
Housing Supply in New Preston Marble Dale, CT
How many homes are available in New Preston Marble Dale, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The New Preston Marble Dale real estate market had 16 homes for sale in May 2024, a 11.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The New Preston Marble Dale 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Preston Marble Dale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in New Preston Marble Dale in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Preston Marble Dale, CT
We’re sorry, we don't have information for this market at the moment
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