Is 06786, 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, 06786 has remained a Seller's Market.
Housing Prices in 06786, CT
How much do homes in 06786, CT cost?
Median Sold Price
$295,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06786 was $295,000 in March 2024, up 16.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $190K | +69.0% |
2 Bedrooms | $177.5K | $180K | +1.4% |
3 Bedrooms | $265K | $310K | +17.0% |
4 Bedrooms | $268.5K | $370K | +37.8% |
5+ Bedrooms | $319.9K | $300K | -6.2% |
Summary: 06786 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 06786, CT
How many homes are available in 06786, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 24 | -7.7% |
Summary: The 06786 real estate market had 24 homes for sale in March 2024, a 7.7% decrease 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 | 6 | 2 | -66.7% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06786 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 66.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 06786 in March 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 06786, CT
We’re sorry, we don't have information for this market at the moment