Is 06804, 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, 06804 has remained a Seller's Market.
Key Takeaway
06804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06804, CT
How much do homes in 06804, CT cost?
Median Sold Price
$526,500
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 06804 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 06804 was $526,500 in April 2024, up 7.1% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.8K | $215K | +10.3% |
| 2 Bedrooms | $370K | $377.5K | +2.0% |
| 3 Bedrooms | $467.5K | $525.7K | +12.5% |
| 4 Bedrooms | $605K | $700K | +15.7% |
| 5+ Bedrooms | $610K | $725K | +18.9% |
Summary: 06804 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in 06804, CT
How many homes are available in 06804, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 67 | +17.5% |
Summary: The 06804 real estate market had 67 homes for sale in April 2024, a 17.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 21 | 27 | +28.6% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 06804 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06804, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 06804 in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 06804, CT
We’re sorry, we don't have information for this market at the moment
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