$4,275 Closing Credit*
$360,000
1,200 SqFt
3 Beds
•2 Full Baths
Gloria Carvajal, Listing Office: Sette Real Estate LLC
Is 06517, 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, 06517 has remained a Seller's Market.
Key Takeaway
06517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06517, CT
How much do homes in 06517, CT cost?
Median Sold Price
$355,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$15,400(+4.5%)
Key Takeaway
Homes in 06517 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 06517 was $355,000 in August 2024, up 4.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134K | $168K | +25.4% |
| 2 Bedrooms | $222K | $286K | +28.8% |
| 3 Bedrooms | $347.2K | $355K | +2.2% |
| 4 Bedrooms | $372.5K | $389.9K | +4.7% |
| 5+ Bedrooms | $485K | $550K | +13.4% |
Summary: 06517 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.4%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 06517, CT
How many homes are available in 06517, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 54 | 52 | -3.7% |
Summary: The 06517 real estate market had 52 homes for sale in August 2024, a 3.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 30 | 27 | -10.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 06517 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06517, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06517 in August 2024, the same as the previous month. Of the 18 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for 06517, CT
We’re sorry, we don't have information for this market at the moment
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