Is 06002, 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, 06002 has remained a Seller's Market.
Key Takeaway
06002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06002, CT
How much do homes in 06002, CT cost?
Median Sold Price
$315,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06002 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 06002 was $315,000 in March 2024, up 5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $85K | -46.9% |
| 2 Bedrooms | $216.5K | $250K | +15.5% |
| 3 Bedrooms | $310K | $314.5K | +1.5% |
| 4 Bedrooms | $375K | $355K | -5.3% |
| 5+ Bedrooms | $300K | $402.5K | +34.2% |
Summary: 06002 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 34.2%.
Housing Supply in 06002, CT
How many homes are available in 06002, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The 06002 real estate market had 42 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 | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06002 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06002, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 06002 in March 2024, up by 114.3% month-over-month. Of the 15 sold homes, 20% were sold under asking, 7% were sold at asking, and 73% were sold over asking.
Days on Market for 06002, CT
We’re sorry, we don't have information for this market at the moment
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