Is 06001, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 06001 has remained a Seller's Market.
Key Takeaway
06001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06001, CT
How much do homes in 06001, CT cost?
Median Sold Price
$472,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06001 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 06001 was $472,500 in March 2024, up 5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $205K | +17.1% |
| 2 Bedrooms | $260.2K | $301K | +15.6% |
| 3 Bedrooms | $380K | $408.5K | +7.5% |
| 4 Bedrooms | $600K | $632.5K | +5.4% |
| 5+ Bedrooms | $908.2K | $913.5K | +0.6% |
Summary: 06001 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Zip Codes
| 06070 | $398K | $450K | +13.1% |
| 06092 | $492.5K | $530K | +7.6% |
| 06001 | $450K | $472.5K | +5.0% |
| 06089 | $357.5K | $370K | +3.5% |
| 06085 | $370K | $378.7K | +2.4% |
Housing Supply in 06001, CT
How many homes are available in 06001, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The 06001 real estate market had 53 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 06001 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06001, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 06001 in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 06001, CT
We’re sorry, we don't have information for this market at the moment
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