Is 06234, 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, 06234 has remained a Seller's Market.
Key Takeaway
06234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06234, CT
How much do homes in 06234, CT cost?
Median Sold Price
$385,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06234 have sold for 22.2% more than they did a year ago.
Summary: The median home sold price in 06234 was $385,000 in March 2024, up 22.2% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $260K | +10.6% |
| 2 Bedrooms | $272.5K | $299.9K | +10.1% |
| 3 Bedrooms | $350K | $388.5K | +11.0% |
| 4 Bedrooms | $365K | $450K | +23.3% |
| 5+ Bedrooms | $273K | $350K | +28.2% |
Summary: 06234 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes increased by 28.2%.
Housing Supply in 06234, CT
How many homes are available in 06234, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The 06234 real estate market had 17 homes for sale in March 2024, a 5.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06234 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06234, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 06234 in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06234, CT
We’re sorry, we don't have information for this market at the moment
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