Is 06612, 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, 06612 was a Seller's Market.
Key Takeaway
06612 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06612, CT
How much do homes in 06612, CT cost?
Median Sold Price
$920,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06612 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 06612 was $920,000 in March 2024, up 8.3% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $560K | $630K | +12.5% |
| 3 Bedrooms | $687.5K | $775K | +12.7% |
| 4 Bedrooms | $830K | $975K | +17.5% |
| 5+ Bedrooms | $1.1M | $1.0M | -10.5% |
Summary: 06612 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in 06612, CT
How many homes are available in 06612, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Summary: The 06612 real estate market had 29 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 06612 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 remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06612, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 06612 in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06612, CT
We’re sorry, we don't have information for this market at the moment
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