Is Torrington, 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, Torrington has remained a Seller's Market.
Housing Prices in Torrington, CT
How much do homes in Torrington, CT cost?
Median Sold Price
$257,166
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Torrington was $257,166 in April 2024, up 16.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $103.5K | $136.5K | +31.8% |
2 Bedrooms | $162.5K | $205.5K | +26.5% |
3 Bedrooms | $239.9K | $260.5K | +8.6% |
4 Bedrooms | $240K | $297.5K | +24.0% |
5+ Bedrooms | $230K | $295K | +28.3% |
Summary: Torrington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
Torrington | $220K | $257.1K | +16.9% |
New Hartford | $325.5K | $376.7K | +15.7% |
Winchester | $221.7K | $240K | +8.2% |
Harwinton | $349.5K | $377K | +7.9% |
Goshen | $575.2K | $557.5K | -3.1% |
Housing Supply in Torrington, CT
How many homes are available in Torrington, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
125 | 135 | +8.0% |
Summary: The Torrington real estate market had 135 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 25 | 24 | -4.0% |
3 Bedrooms | 56 | 59 | +5.4% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Torrington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 30 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Torrington in April 2024, down by 16.7% month-over-month. Of the 30 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Torrington, CT
We’re sorry, we don't have information for this market at the moment