Is 06708, 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, 06708 has remained a Seller's Market.
Housing Prices in 06708, CT
How much do homes in 06708, CT cost?
Median Sold Price
$265,750
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06708 was $265,750 in March 2024, up 13.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | $119K | +54.5% |
2 Bedrooms | $170.2K | $197.4K | +16.0% |
3 Bedrooms | $260K | $275.7K | +6.1% |
4 Bedrooms | $260K | $312.5K | +20.2% |
5+ Bedrooms | $290K | $325K | +12.1% |
Summary: 06708 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.5%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 12.1%.
Housing Supply in 06708, CT
How many homes are available in 06708, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 109 | +11.2% |
Summary: The 06708 real estate market had 109 homes for sale in March 2024, a 11.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 22 | 26 | +18.2% |
3 Bedrooms | 53 | 55 | +3.8% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 06708 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 18.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 06708 in March 2024, up by 13.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 4% were sold at asking, and 54% were sold over asking.
Days on Market for 06708, CT
We’re sorry, we don't have information for this market at the moment