Is 06018, 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, 06018 has remained a Seller's Market.
Key Takeaway
06018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06018, CT
How much do homes in 06018, CT cost?
Median Sold Price
$240,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06018 have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in 06018 was $240,000 in March 2024, down 13.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $199K | +43.2% |
| 2 Bedrooms | $249.4K | $232.7K | -6.7% |
| 3 Bedrooms | $293.5K | $212.5K | -27.6% |
| 4 Bedrooms | $215K | $300K | +39.5% |
| 5+ Bedrooms | $580K | $489.9K | -15.5% |
Summary: 06018 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.2%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in 06018, CT
How many homes are available in 06018, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The 06018 real estate market had 8 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 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06018 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06018, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06018 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06018, CT
We’re sorry, we don't have information for this market at the moment
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