Is 06033, 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, 06033 has remained a Seller's Market.
Key Takeaway
06033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06033, CT
How much do homes in 06033, CT cost?
Median Sold Price
$457,500
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06033 have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in 06033 was $457,500 in March 2024, up 11.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $165K | +22.2% |
| 2 Bedrooms | $255K | $298K | +16.9% |
| 3 Bedrooms | $375K | $435K | +16.0% |
| 4 Bedrooms | $500K | $570K | +14.0% |
| 5+ Bedrooms | $730K | $757.5K | +3.8% |
Summary: 06033 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 06033, CT
How many homes are available in 06033, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 63 | +5.0% |
Summary: The 06033 real estate market had 63 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 06033 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06033, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 06033 in March 2024, down by 20.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.
Days on Market for 06033, CT
We’re sorry, we don't have information for this market at the moment
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