Is 06810, 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, 06810 has remained a Seller's Market.
Key Takeaway
06810 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06810, CT
How much do homes in 06810, CT cost?
Median Sold Price
$419,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 06810 has remained the same since last year.
Summary: The median home sold price in 06810 was $419,000 in March 2024, up 0.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $185K | +8.2% |
| 2 Bedrooms | $300K | $307.9K | +2.7% |
| 3 Bedrooms | $493.8K | $490K | -0.8% |
| 4 Bedrooms | $475K | $525K | +10.5% |
| 5+ Bedrooms | $540K | $581K | +7.6% |
Summary: 06810 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 06810, CT
How many homes are available in 06810, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 84 | +7.7% |
Summary: The 06810 real estate market had 84 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 34 | 33 | -2.9% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 06810 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 26 | +52.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06810, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 06810 in March 2024, up by 52.9% month-over-month. Of the 26 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for 06810, CT
How long does it take to sell a home in 06810, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 06810 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 26 homes were sold in 06810; 4% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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