Is 06074, 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, 06074 has remained a Seller's Market.
Housing Prices in 06074, CT
How much do homes in 06074, CT cost?
Median Sold Price
$375,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06074 was $375,000 in March 2024, up 11.3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $164.7K | +22.0% |
2 Bedrooms | $239.2K | $305K | +27.5% |
3 Bedrooms | $340K | $370K | +8.8% |
4 Bedrooms | $475K | $525K | +10.5% |
5+ Bedrooms | $518.7K | $650K | +25.3% |
Summary: 06074 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 25.3%.
Housing Supply in 06074, CT
How many homes are available in 06074, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 57 | -9.5% |
Summary: The 06074 real estate market had 57 homes for sale in March 2024, a 9.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 3 | -62.5% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 19 | 14 | -26.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 06074 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 62.5%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 06074 in March 2024, down by 8.3% month-over-month. Of the 22 sold homes, 18% were sold under asking, 14% were sold at asking, and 68% were sold over asking.
Days on Market for 06074, CT
We’re sorry, we don't have information for this market at the moment