Is 06515, 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, 06515 was a Seller's Market.
Key Takeaway
06515 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06515, CT
How much do homes in 06515, CT cost?
Median Sold Price
$334,950
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06515 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 06515 was $334,950 in March 2024, up 8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $162.5K | +30.0% |
| 2 Bedrooms | $170.5K | $260K | +52.5% |
| 3 Bedrooms | $305K | $340K | +11.5% |
| 4 Bedrooms | $412.5K | $362.4K | -12.1% |
| 5+ Bedrooms | $503K | $530K | +5.4% |
Summary: 06515 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 52.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 06515, CT
How many homes are available in 06515, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The 06515 real estate market had 33 homes for sale in March 2024, a 2.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 06515 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06515, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 06515 in March 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 06515, CT
We’re sorry, we don't have information for this market at the moment
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