Is 06513, 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, 06513 was a Seller's Market.
Key Takeaway
06513 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 06513, CT
How much do homes in 06513, CT cost?
Median Sold Price
$261,666
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06513 have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in 06513 was $261,666 in March 2024, up 16.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $138.5K | -2.8% |
| 2 Bedrooms | $179.9K | $200K | +11.1% |
| 3 Bedrooms | $265K | $310K | +17.0% |
| 4 Bedrooms | $285K | $320K | +12.3% |
| 5+ Bedrooms | $340K | $350K | +2.9% |
Summary: 06513 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 06513, CT
How many homes are available in 06513, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 106 | 109 | +2.8% |
Summary: The 06513 real estate market had 109 homes for sale in March 2024, a 2.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 34 | 31 | -8.8% |
| 3 Bedrooms | 12 | 21 | +75.0% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 34 | 30 | -11.8% |
Summary: The 06513 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06513, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06513 in March 2024, up by 12.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for 06513, CT
We’re sorry, we don't have information for this market at the moment
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