Is 06473, 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, 06473 has remained a Seller's Market.
Housing Prices in 06473, CT
How much do homes in 06473, CT cost?
Median Sold Price
$400,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06473 was $400,000 in March 2024, up 3.9% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90.6K | $168K | +85.4% |
2 Bedrooms | $310K | $288K | -7.1% |
3 Bedrooms | $371K | $400K | +7.8% |
4 Bedrooms | $494.9K | $462.7K | -6.5% |
5+ Bedrooms | $512K | $526.5K | +2.8% |
Summary: 06473 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.4%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 06473, CT
How many homes are available in 06473, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 46 | -8.0% |
Summary: The 06473 real estate market had 46 homes for sale in March 2024, a 8.0% 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 | 8 | 5 | -37.5% |
3 Bedrooms | 27 | 26 | -3.7% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 06473 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 37.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 11 | -42.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 06473 in March 2024, down by 42.1% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for 06473, CT
We’re sorry, we don't have information for this market at the moment