Is 06010, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06010 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 06010 has remained a Seller's Market.

Key Takeaway

06010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06010, CT

How much do homes in 06010, CT cost?

Median Sold Price

$285,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,075(+9.6%)

Key Takeaway

Homes in 06010 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 06010 was $285,000 in March 2024, up 9.6% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $100K$129K
+29.0%
2 $175K$202.5K
+15.7%
3 $272K$300K
+10.3%
4 $285K$330K
+15.8%
5+ $300K$345K
+15.0%

Summary: 06010 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Zip Codes

06786
+16.6%
06062
+12.2%
06010
+9.6%
06085
+2.4%
06013
-7.1%

Housing Supply in 06010, CT

How many homes are available in 06010, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
143156+9.1%

Summary: The 06010 real estate market had 156 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 3435
+2.9%
3 6374
+17.5%
4 2930
+3.4%
5+ 1213
+8.3%

Summary: The 06010 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3544+25.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06010, you could pay more than the asking price. 61.4% of homes here sold above asking price last month.

Summary: A total of 44 homes were sold or pending in 06010 in March 2024, up by 25.7% month-over-month. Of the 44 sold homes, 30% were sold under asking, 9% were sold at asking, and 61% were sold over asking.

Days on Market for 06010, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 06010, CT

Nearby Markets to 06010, CT