Is 06777, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06777 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 06777 was a Buyer's Market.

Key Takeaway

06777 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06777, CT

How much do homes in 06777, CT cost?

Median Sold Price

$1,125,000

$676/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$600,000(+114.3%)

Key Takeaway

Homes in 06777 have sold for 114.3% more than they did a month ago.

Summary: The median home sold price in 06777 was $1,125,000 in April 2024, up 114.3% from last month, and the median price per square foot was $676.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$932.5K
N/A
3 $525K-
N/A
4 -$1.1M
N/A
5+ --
N/A

Summary: 06777 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 06777, CT

How many homes are available in 06777, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1216+33.3%

Summary: The 06777 real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 48
+100.0%
4 23
+50.0%
5+ 32
-33.3%

Summary: The 06777 housing inventory by bedroom type for April 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 06777, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 06777 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06777, 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 13 Days Ago

Newest Listings in 06777, CT

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