Is 06461, 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, 06461 has remained a Seller's Market.
Housing Prices in 06461, CT
How much do homes in 06461, CT cost?
Median Sold Price
$430,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06461 was $430,000 in April 2024, up 12.9% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $230K | +4.5% |
2 Bedrooms | $360K | $370K | +2.8% |
3 Bedrooms | $390K | $450K | +15.4% |
4 Bedrooms | $558K | $556K | -0.4% |
5+ Bedrooms | $570K | $695K | +21.9% |
Summary: 06461 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 21.9%.
Housing Supply in 06461, CT
How many homes are available in 06461, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 35 | +16.7% |
Summary: The 06461 real estate market had 35 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 06461 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 75%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 06461 in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for 06461, CT
We’re sorry, we don't have information for this market at the moment