Is 06710, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06710 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 06710 was a Seller's Market.

Key Takeaway

06710 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 06710, CT

How much do homes in 06710, CT cost?

Median Sold Price

$257,500

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$51,500(+25.0%)

Key Takeaway

Homes in 06710 have sold for 25% more than they did a year ago.

Summary: The median home sold price in 06710 was $257,500 in March 2024, up 25% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $150K$267K
+78.0%
3 $212.5K$249.9K
+17.6%
4 $245K$242.5K
-1.0%
5+ $206K$265.5K
+28.9%

Summary: 06710 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 78%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 28.9%.

Median Sold Price Compared To Nearby Zip Codes

06710
+25.0%
06704
+15.5%

Housing Supply in 06710, CT

How many homes are available in 06710, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1014+40.0%

Summary: The 06710 real estate market had 14 homes for sale in March 2024, a 40.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 03
+100.0%
4 32
-33.3%
5+ 69
+50.0%

Summary: The 06710 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 decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06710, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 06710 in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06710, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 06710, CT

Nearby Markets to 06710, CT