Is 06902, 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, 06902 has remained a Seller's Market.
Housing Prices in 06902, CT
How much do homes in 06902, CT cost?
Median Sold Price
$485,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06902 was $485,500 in April 2024, up 10.3% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $211K | $229K | +8.5% |
2 Bedrooms | $342.6K | $384.5K | +12.2% |
3 Bedrooms | $601.5K | $640K | +6.4% |
4 Bedrooms | $840K | $965K | +14.9% |
5+ Bedrooms | $841K | $1.1M | +33.7% |
Summary: 06902 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 33.7%.
Housing Supply in 06902, CT
How many homes are available in 06902, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 136 | +1.5% |
Summary: The 06902 real estate market had 136 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 13 | -27.8% |
2 Bedrooms | 56 | 48 | -14.3% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 20 | 27 | +35.0% |
Summary: The 06902 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.8%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 35%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 29 | -14.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 06902 in April 2024, down by 14.7% month-over-month. Of the 29 sold homes, 31% were sold under asking, 7% were sold at asking, and 62% were sold over asking.
Days on Market for 06902, CT
We’re sorry, we don't have information for this market at the moment