Is 06471, 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, 06471 was a Buyer's Market.
Housing Prices in 06471, CT
How much do homes in 06471, CT cost?
Median Sold Price
$340,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06471 was $340,000 in March 2024, down 3.5% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $36K | $185K | +413.9% |
2 Bedrooms | $250K | $255.5K | +2.2% |
3 Bedrooms | $361K | $370K | +2.5% |
4 Bedrooms | $457K | $436K | -4.6% |
5+ Bedrooms | $457.5K | $509.9K | +11.5% |
Summary: 06471 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 413.9%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 06471, CT
How many homes are available in 06471, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The 06471 real estate market had 19 homes for sale in March 2024, a 11.8% 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 | 9 | +28.6% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06471 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 28.6%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
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 06471 in March 2024, down by 16.7% month-over-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 06471, CT
We’re sorry, we don't have information for this market at the moment