Is 06277, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06277 was a Seller's Market.
Housing Prices in 06277, CT
How much do homes in 06277, CT cost?
Median Sold Price
$395,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06277 was $395,000 in March 2024, up 4% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | - | N/A |
2 Bedrooms | $305K | $368.5K | +20.8% |
3 Bedrooms | $412.5K | $387.5K | -6.0% |
4 Bedrooms | $497K | $405K | -18.5% |
5+ Bedrooms | $280K | $416K | +48.6% |
Summary: 06277 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 48.6%.
Housing Supply in 06277, CT
How many homes are available in 06277, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Summary: The 06277 real estate market had 18 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 06277 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 increased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 06277 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06277, CT
We’re sorry, we don't have information for this market at the moment