$10,000 Closing Credit*
$975,000
2,467 SqFt
6 Beds
•5 Full Baths
Wendy Cohen, Listing Office: Wendy Cohen Realty
Is 06511, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 06511 has remained a Seller's Market.
Key Takeaway
06511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06511, CT
How much do homes in 06511, CT cost?
Median Sold Price
$390,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$31,333(+8.7%)
Key Takeaway
Homes in 06511 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 06511 was $390,000 in August 2024, up 8.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.5K | $212K | +60.0% |
| 2 Bedrooms | $356.5K | $330.5K | -7.3% |
| 3 Bedrooms | $304.5K | $345K | +13.3% |
| 4 Bedrooms | $315K | $485K | +54.0% |
| 5+ Bedrooms | $460K | $410K | -10.9% |
Summary: 06511 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 54%, and 5+ bedroom homes decreased by 10.9%.
Housing Supply in 06511, CT
How many homes are available in 06511, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 122 | 127 | +4.1% |
Summary: The 06511 real estate market had 127 homes for sale in August 2024, a 4.1% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 19 | 24 | +26.3% |
| 5+ Bedrooms | 57 | 61 | +7.0% |
Summary: The 06511 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06511, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 06511 in August 2024, up by 36.4% month-over-month. Of the 30 sold homes, 37% were sold under asking, 3% were sold at asking, and 60% were sold over asking.
Days on Market for 06511, CT
We’re sorry, we don't have information for this market at the moment
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