Is 06111, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 06111 has remained a Seller's Market.
Housing Prices in 06111, CT
How much do homes in 06111, CT cost?
Median Sold Price
$315,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 06111 was $315,000 in February 2024, up 13.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130.5K | $155K | +18.8% |
2 Bedrooms | $210K | $250K | +19.0% |
3 Bedrooms | $300K | $325K | +8.3% |
4 Bedrooms | $365K | $375K | +2.7% |
5+ Bedrooms | $382K | $418.7K | +9.6% |
Summary: 06111 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 06111, CT
How many homes are available in 06111, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 | 63 | -13.7% |
Summary: The 06111 real estate market had 63 homes for sale in February 2024, a 13.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 22 | 18 | -18.2% |
3 Bedrooms | 35 | 28 | -20.0% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06111 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
29 | 19 | -34.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 06111 in February 2024, down by 34.5% month-over-month. Of the 19 sold homes, 32% were sold under asking, 5% were sold at asking, and 63% were sold over asking.
Days on Market for 06111, CT
We’re sorry, we don't have information for this market at the moment