Is 06606, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06606 has remained a Seller's Market.
Housing Prices in 06606, CT
How much do homes in 06606, CT cost?
Median Sold Price
$350,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06606 was $350,000 in April 2024, up 11.1% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $170K | +9.7% |
2 Bedrooms | $220K | $225.7K | +2.6% |
3 Bedrooms | $317K | $349K | +10.1% |
4 Bedrooms | $342.5K | $410K | +19.7% |
5+ Bedrooms | $440.3K | $488.5K | +10.9% |
Summary: 06606 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in 06606, CT
How many homes are available in 06606, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
121 | 113 | -6.6% |
Summary: The 06606 real estate market had 113 homes for sale in April 2024, a 6.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 15 | +25.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 50 | 49 | -2.0% |
4 Bedrooms | 24 | 19 | -20.8% |
5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The 06606 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 06606 in April 2024, up by 9.7% month-over-month. Of the 34 sold homes, 38% were sold under asking, 9% were sold at asking, and 53% were sold over asking.
Days on Market for 06606, CT
How long does it take to sell a home in 06606, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in 06606; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.