Is 06278, 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, 06278 has remained a Seller's Market.
Housing Prices in 06278, CT
How much do homes in 06278, CT cost?
Median Sold Price
$330,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06278 was $330,000 in March 2024, up 11.5% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $135K | N/A |
2 Bedrooms | $242.5K | $292.5K | +20.6% |
3 Bedrooms | $300K | $345K | +15.0% |
4 Bedrooms | $436K | $512.4K | +17.5% |
5+ Bedrooms | $420K | $250K | -40.5% |
Summary: 06278 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 20.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 40.5%.
Housing Supply in 06278, CT
How many homes are available in 06278, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Summary: The 06278 real estate market had 9 homes for sale in March 2024, a 125.0% increase 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 | 0 | 2 | +100.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06278 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 06278 in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 06278, CT
We’re sorry, we don't have information for this market at the moment