Is 06790, 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, 06790 has remained a Seller's Market.
Key Takeaway
06790 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06790, CT
How much do homes in 06790, CT cost?
Median Sold Price
$251,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06790 have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in 06790 was $251,000 in March 2024, up 14.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101K | $125K | +23.8% |
| 2 Bedrooms | $158K | $201K | +27.2% |
| 3 Bedrooms | $235.5K | $259.9K | +10.4% |
| 4 Bedrooms | $239.9K | $290K | +20.9% |
| 5+ Bedrooms | $234K | $287.5K | +22.9% |
Summary: 06790 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 22.9%.
Housing Supply in 06790, CT
How many homes are available in 06790, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 117 | 125 | +6.8% |
Summary: The 06790 real estate market had 125 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 47 | 54 | +14.9% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The 06790 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06790, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 06790 in March 2024, up by 9.7% month-over-month. Of the 34 sold homes, 32% were sold under asking, 15% were sold at asking, and 53% were sold over asking.
Days on Market for 06790, CT
We’re sorry, we don't have information for this market at the moment
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