Is 06403, 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, 06403 has remained a Seller's Market.
Housing Prices in 06403, CT
How much do homes in 06403, CT cost?
Median Sold Price
$370,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06403 was $370,000 in March 2024, up 13.8% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.4K | $55.4K | 0.0% |
2 Bedrooms | $220K | $311.6K | +41.6% |
3 Bedrooms | $333K | $392K | +17.7% |
4 Bedrooms | $470K | $410K | -12.8% |
5+ Bedrooms | $615K | $581.5K | -5.4% |
Summary: 06403 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 41.6%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in 06403, CT
How many homes are available in 06403, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The 06403 real estate market had 17 homes for sale in March 2024, a 10.5% decrease 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 | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 06403 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 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 06403 in March 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 06403, CT
We’re sorry, we don't have information for this market at the moment