Is 06068, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06068 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 06068 was a Buyer's Market.

Key Takeaway

06068 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 06068, CT

How much do homes in 06068, CT cost?

Median Sold Price

$492,250

$448/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$1,057,750(-68.2%)

Key Takeaway

Homes in 06068 have sold for 68.2% less than they did a month ago.

Summary: The median home sold price in 06068 was $492,250 in March 2024, down 68.2% from last month, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$355K
N/A
2 --
N/A
3 -$629.5K
N/A
4 --
N/A
5+ $1.5M-
N/A

Summary: 06068 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 06068, CT

How many homes are available in 06068, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1114+27.3%

Summary: The 06068 real estate market had 14 homes for sale in March 2024, a 27.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 44
0.0%
4 34
+33.3%
5+ 23
+50.0%

Summary: The 06068 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06068, 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 06068 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 06068, 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 28 Days Ago

Newest Listings in 06068, CT

Nearby Markets to 06068, CT