Is 06375, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06375 has remained a Seller's Market.
Key Takeaway
06375 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06375, CT
How much do homes in 06375, CT cost?
Median Sold Price
$325,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 06375 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 06375 was $325,000 in April 2024, up 4.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.4K | $250K | +26.6% |
| 2 Bedrooms | $235K | $282.5K | +20.2% |
| 3 Bedrooms | $316K | $325K | +2.8% |
| 4 Bedrooms | $409.5K | $390K | -4.8% |
| 5+ Bedrooms | $300K | $302K | +0.7% |
Summary: 06375 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.6%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 06375, CT
How many homes are available in 06375, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The 06375 real estate market had 13 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06375 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06375, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 06375 in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 06375, CT
We’re sorry, we don't have information for this market at the moment
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