Is 06795, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06795 has remained a Seller's Market.
Key Takeaway
06795 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06795, CT
How much do homes in 06795, CT cost?
Median Sold Price
$365,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 06795 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 06795 was $365,000 in April 2024, up 15.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131.5K | $155.7K | +18.4% |
| 2 Bedrooms | $244.2K | $269.5K | +10.3% |
| 3 Bedrooms | $312.5K | $367K | +17.4% |
| 4 Bedrooms | $460K | $485K | +5.4% |
| 5+ Bedrooms | $413K | $565K | +36.8% |
Summary: 06795 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 36.8%.
Housing Supply in 06795, CT
How many homes are available in 06795, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 40 | 0.0% |
Summary: The 06795 real estate market had 40 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 06795 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 11.1%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06795, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 06795 in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for 06795, CT
We’re sorry, we don't have information for this market at the moment
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