Is 06105, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06105 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 06105 has remained a Seller's Market.

Key Takeaway

06105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06105, CT

How much do homes in 06105, CT cost?

Median Sold Price

$280,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,000(+5.7%)

Key Takeaway

Homes in 06105 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 06105 was $280,000 in February 2024, up 5.7% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $78.2K$90K
+15.0%
2 $209K$135K
-35.4%
3 $269.9K$387K
+43.4%
4 $305K$424.5K
+39.2%
5+ $418.5K$450K
+7.5%

Summary: 06105 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes decreased by 35.4%, 3 bedroom homes increased by 43.4%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

06119
+11.1%
06112
+6.4%
06105
+5.7%

Housing Supply in 06105, CT

How many homes are available in 06105, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
27270.0%

Summary: The 06105 real estate market had 27 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 66
0.0%
2 88
0.0%
3 01
+100.0%
4 13
+200.0%
5+ 129
-25.0%

Summary: The 06105 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06105, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 06105 in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 06105, 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 06105, CT

Nearby Markets to 06105, CT