Is 06110, 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, 06110 has remained a Seller's Market.
Key Takeaway
06110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06110, CT
How much do homes in 06110, CT cost?
Median Sold Price
$330,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06110 have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in 06110 was $330,000 in March 2024, up 13.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.5K | $158.2K | +10.3% |
| 2 Bedrooms | $240K | $296.7K | +23.6% |
| 3 Bedrooms | $300.5K | $339K | +12.8% |
| 4 Bedrooms | $322.5K | $353.5K | +9.6% |
| 5+ Bedrooms | $375K | $475K | +26.7% |
Summary: 06110 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 26.7%.
Housing Supply in 06110, CT
How many homes are available in 06110, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 20 | -28.6% |
Summary: The 06110 real estate market had 20 homes for sale in March 2024, a 28.6% decrease 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 8 | -38.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 06110 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 decreased by 14.3%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06110, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 06110 in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for 06110, CT
We’re sorry, we don't have information for this market at the moment
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