Is 06035, 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, 06035 has remained a Seller's Market.
Key Takeaway
06035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06035, CT
How much do homes in 06035, CT cost?
Median Sold Price
$350,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06035 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 06035 was $350,000 in March 2024, up 4.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $242.5K | $240.6K | -0.8% |
| 3 Bedrooms | $327.6K | $340K | +3.8% |
| 4 Bedrooms | $457.5K | $450K | -1.6% |
| 5+ Bedrooms | $467.5K | $555K | +18.7% |
Summary: 06035 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Zip Codes
| 06090 | $520K | $651K | +25.2% |
| 06093 | $375K | $465K | +24.0% |
| 06035 | $335K | $350K | +4.5% |
| 06026 | $350K | $350K | 0.0% |
Housing Supply in 06035, CT
How many homes are available in 06035, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Summary: The 06035 real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 06035 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 increased by 16.7%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06035, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 06035 in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 06035, CT
We’re sorry, we don't have information for this market at the moment
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