Is 06610, 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, 06610 was a Seller's Market.
Key Takeaway
06610 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 06610, CT
How much do homes in 06610, CT cost?
Median Sold Price
$295,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06610 have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in 06610 was $295,000 in March 2024, up 12.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.9K | $105K | +16.8% |
| 2 Bedrooms | $150K | $178.5K | +19.0% |
| 3 Bedrooms | $274.9K | $309K | +12.4% |
| 4 Bedrooms | $330K | $384K | +16.4% |
| 5+ Bedrooms | $405K | $415K | +2.5% |
Summary: 06610 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.8%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 06610, CT
How many homes are available in 06610, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The 06610 real estate market had 42 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 06610 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 increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06610, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 06610 in March 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 06610, CT
We’re sorry, we don't have information for this market at the moment
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