Is 06442, 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, 06442 has remained a Seller's Market.
Housing Prices in 06442, CT
How much do homes in 06442, CT cost?
Median Sold Price
$420,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06442 was $420,000 in March 2024, up 7.1% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $338K | +14.6% |
2 Bedrooms | $345K | $322K | -6.7% |
3 Bedrooms | $377.5K | $501K | +32.7% |
4 Bedrooms | $537K | $460K | -14.3% |
5+ Bedrooms | $463K | - | N/A |
Summary: 06442 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 32.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes did not change.
Housing Supply in 06442, CT
How many homes are available in 06442, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 9 | -35.7% |
Summary: The 06442 real estate market had 9 homes for sale in March 2024, a 35.7% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 9 | 5 | -44.4% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06442 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 decreased by 50%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 06442 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 06442, CT
We’re sorry, we don't have information for this market at the moment