Is 06615, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 06615 has remained a Seller's Market.
Key Takeaway
06615 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06615, CT
How much do homes in 06615, CT cost?
Median Sold Price
$365,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06615 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 06615 was $365,000 in March 2024, up 5.8% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $213K | +9.2% |
| 2 Bedrooms | $281K | $310K | +10.3% |
| 3 Bedrooms | $326.9K | $370K | +13.2% |
| 4 Bedrooms | $407K | $375.1K | -7.8% |
| 5+ Bedrooms | $450K | $522.5K | +16.1% |
Summary: 06615 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 16.1%.
Housing Supply in 06615, CT
How many homes are available in 06615, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 45 | -2.2% |
Summary: The 06615 real estate market had 45 homes for sale in March 2024, a 2.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 06615 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 40%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06615, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 06615 in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for 06615, CT
We’re sorry, we don't have information for this market at the moment
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