Is South Windsor, 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, South Windsor has remained a Seller's Market.
Key Takeaway
South Windsor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Windsor, CT
How much do homes in South Windsor, CT cost?
Median Sold Price
$388,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Windsor have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in South Windsor was $388,000 in May 2024, up 15.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $170K | +25.0% |
| 2 Bedrooms | $226K | $318K | +40.7% |
| 3 Bedrooms | $335K | $380K | +13.4% |
| 4 Bedrooms | $477.5K | $525K | +9.9% |
| 5+ Bedrooms | $494K | $650K | +31.6% |
Summary: South Windsor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 40.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
| South Windsor | $335K | $388K | +15.8% |
| Manchester | $265K | $295.2K | +11.4% |
| East Hartford | $244K | $267.1K | +9.5% |
| East Windsor | $285K | $289.5K | +1.6% |
| Broad Brook | $333K | $329.5K | -1.1% |
Housing Supply in South Windsor, CT
How many homes are available in South Windsor, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The South Windsor real estate market had 71 homes for sale in May 2024, a 2.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 33 | 29 | -12.1% |
| 4 Bedrooms | 17 | 25 | +47.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The South Windsor housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Windsor, you could pay more than the asking price. 76.5% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in South Windsor in May 2024, down by 26.1% month-over-month. Of the 17 sold homes, 18% were sold under asking, 6% were sold at asking, and 76% were sold over asking.
Days on Market for South Windsor, CT
We’re sorry, we don't have information for this market at the moment
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