Is 06472, 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, 06472 was a Neutral Market.
Key Takeaway
06472 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06472, CT
How much do homes in 06472, CT cost?
Median Sold Price
$430,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06472 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 06472 was $430,500 in March 2024, up 10.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $332K | +0.6% |
| 3 Bedrooms | $370K | $428.7K | +15.9% |
| 4 Bedrooms | $490K | $445K | -9.2% |
| 5+ Bedrooms | $565K | $499K | -11.7% |
Summary: 06472 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in 06472, CT
How many homes are available in 06472, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The 06472 real estate market had 20 homes for sale in March 2024, a 4.8% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 06472 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 200%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06472, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 06472 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06472, CT
We’re sorry, we don't have information for this market at the moment
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