Is 06112, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06112 is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, 06112 was a Seller's Market.

Key Takeaway

06112 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 06112, CT cost?

Median Sold Price

$217,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$16,500(+8.2%)

Key Takeaway

Homes in 06112 have sold for 8.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $117.7K$108K
-8.3%
3 $183K$211.5K
+15.6%
4 $185.2K$185K
-0.1%
5+ $249.5K$253.7K
+1.7%

Median Sold Price Compared To Nearby Zip Codes

06120
+24.0%
06002
+12.5%
06114
+10.7%
06112
+8.2%
06105
-18.8%

How many homes are available in 06112, CT?

Number of Homes For Sale

Oct 2022Nov 2022%
4552+15.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 22
0.0%
3 1613
-18.8%
4 1112
+9.1%
5+ 1625
+56.3%

Number of Homes Sold

Oct 2022Nov 2022%
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06112, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 06112, CT

06112, CT has 52 homes on the market. The number of homes for sale in 06112, CT increased by 15.6% between October 2022 and November 2022. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices decreased by 8.3%, 3 bedrooms properties became 15.6% more expensive, the cost of 4 bedrooms properties went down by 0.1%, the cost of 5 bedrooms properties went up by 1.7%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 18.8% less available, volume of 4 bedrooms homes went up by 9.1%, 5 bedrooms homes became 56.3% more available. Over 3 listings were sold over their listed price in November 2022 in 06112, CT. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.