Is 06070, 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, 06070 has remained a Seller's Market.
Housing Prices in 06070, CT
How much do homes in 06070, CT cost?
Median Sold Price
$450,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06070 was $450,000 in March 2024, up 13.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39.3K | $32.7K | -16.8% |
2 Bedrooms | $240K | $272.5K | +13.5% |
3 Bedrooms | $373.7K | $425K | +13.7% |
4 Bedrooms | $455K | $505K | +11.0% |
5+ Bedrooms | $722.5K | $615K | -14.9% |
Summary: 06070 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.8%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 14.9%.
Median Sold Price Compared To Nearby Zip Codes
06070 | $398K | $450K | +13.1% |
06092 | $492.5K | $530K | +7.6% |
06001 | $450K | $472.5K | +5.0% |
06089 | $357.5K | $370K | +3.5% |
Housing Supply in 06070, CT
How many homes are available in 06070, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 40 | +11.1% |
Summary: The 06070 real estate market had 40 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 06070 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 11.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 06070 in March 2024, up by 55.6% month-over-month. Of the 14 sold homes, 29% were sold under asking, 7% were sold at asking, and 64% were sold over asking.
Days on Market for 06070, CT
We’re sorry, we don't have information for this market at the moment