Is 06088, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06088 was a Seller's Market.
Housing Prices in 06088, CT
How much do homes in 06088, CT cost?
Median Sold Price
$250,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06088 was $250,000 in March 2024, up 13.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20K | $41.4K | +107.3% |
2 Bedrooms | $190K | $221.5K | +16.6% |
3 Bedrooms | $260K | $270K | +3.8% |
4 Bedrooms | $317.5K | $269.9K | -15.0% |
5+ Bedrooms | $355.5K | $357.5K | +0.6% |
Summary: 06088 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.3%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in 06088, CT
How many homes are available in 06088, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Summary: The 06088 real estate market had 22 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 06088 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 06088 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 06088, CT
We’re sorry, we don't have information for this market at the moment