Is 06437, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 06437 was a Seller's Market.
Housing Prices in 06437, CT
How much do homes in 06437, CT cost?
Median Sold Price
$560,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 06437 was $560,000 in February 2024, up 7.2% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $202.5K | $187.5K | -7.4% |
2 Bedrooms | $392K | $422.5K | +7.8% |
3 Bedrooms | $466K | $529K | +13.5% |
4 Bedrooms | $650.5K | $659.9K | +1.4% |
5+ Bedrooms | $706.1K | $901.5K | +27.7% |
Summary: 06437 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 27.7%.
Housing Supply in 06437, CT
How many homes are available in 06437, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
65 | 70 | +7.7% |
Summary: The 06437 real estate market had 70 homes for sale in February 2024, a 7.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 06437 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 06437 in February 2024, down by 33.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 06437, CT
We’re sorry, we don't have information for this market at the moment