Is 06370, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06370 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 06370 has remained a Seller's Market.

Key Takeaway

06370 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 06370, CT cost?

Median Sold Price

$310,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$5,000(+1.6%)

Key Takeaway

Homes in 06370 have sold for 1.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $275K-
N/A
2 $60.5K$121K
+100.0%
3 $275K$305K
+10.9%
4 $339.9K$372.5K
+9.6%
5+ $375K$465.5K
+24.1%

Median Sold Price Compared To Nearby Zip Codes

06382
+7.3%
06370
+1.6%
06420
-6.7%

How many homes are available in 06370, CT?

Number of Homes For Sale

Nov 2022Dec 2022%
2519-24.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 41
-75.0%
3 128
-33.3%
4 910
+11.1%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
146-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06370, you could pay more than the asking price. 66.7% 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 06370, CT

06370, CT has 19 homes on the market. Between November 2022 and December 2022, 06370, CT real estate market has seen decrease in the number of listings by 24%. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 100%, prices of 3 bedrooms properties increased by 10.9%, 4 bedrooms properties prices increased by 9.6%, 5 bedrooms properties prices increased by 24.1%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 75% less available, volume of 3 bedrooms homes went down by 33.3%, the quantity of 4 bedrooms homes went up by 11.1%, volume of 5 bedrooms homes stayed the same. 06370, CT housing market in December 2022 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.