Is 06423, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06423 was a Neutral Market.
Housing Prices in 06423, CT
How much do homes in 06423, CT cost?
Median Sold Price
$420,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06423 was $420,000 in March 2024, up 12.9% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $143K | $165K | +15.4% |
2 Bedrooms | $266.7K | $249.9K | -6.3% |
3 Bedrooms | $372K | $420K | +12.9% |
4 Bedrooms | $470K | $510K | +8.5% |
5+ Bedrooms | $1.5M | $95K | -94.0% |
Summary: 06423 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 94%.
Housing Supply in 06423, CT
How many homes are available in 06423, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 25 | +56.3% |
Summary: The 06423 real estate market had 25 homes for sale in March 2024, a 56.3% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 7 | 11 | +57.1% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 06423 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 25%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 6 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 06423 in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for 06423, CT
We’re sorry, we don't have information for this market at the moment