Is 06351, 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, 06351 has remained a Seller's Market.
Housing Prices in 06351, CT
How much do homes in 06351, CT cost?
Median Sold Price
$291,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06351 was $291,500 in March 2024, up 8% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.5K | $125K | +36.6% |
2 Bedrooms | $144.7K | $211K | +45.8% |
3 Bedrooms | $293K | $326.2K | +11.3% |
4 Bedrooms | $352.5K | $350K | -0.7% |
5+ Bedrooms | $262.5K | $345K | +31.4% |
Summary: 06351 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.6%, 2 bedroom homes increased by 45.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 31.4%.
Median Sold Price Compared To Nearby Zip Codes
06351 | $270K | $291.5K | +8.0% |
06330 | $260K | $257K | -1.2% |
Housing Supply in 06351, CT
How many homes are available in 06351, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 35 | -10.3% |
Summary: The 06351 real estate market had 35 homes for sale in March 2024, a 10.3% 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 | 9 | 4 | -55.6% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06351 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 decreased by 55.6%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 9 | -35.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 06351 in March 2024, down by 35.7% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for 06351, CT
How long does it take to sell a home in 06351, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 06351; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.