Is 06812, 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, 06812 has remained a Seller's Market.
Key Takeaway
06812 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06812, CT
How much do homes in 06812, CT cost?
Median Sold Price
$504,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06812 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 06812 was $504,000 in March 2024, up 5.8% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $240K | -4.0% |
| 2 Bedrooms | $304K | $415K | +36.5% |
| 3 Bedrooms | $459.5K | $490K | +6.6% |
| 4 Bedrooms | $637.5K | $642.1K | +0.7% |
| 5+ Bedrooms | $730K | $880K | +20.5% |
Summary: 06812 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 36.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 20.5%.
Housing Supply in 06812, CT
How many homes are available in 06812, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 47 | +11.9% |
Summary: The 06812 real estate market had 47 homes for sale in March 2024, a 11.9% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 14 | 21 | +50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 06812 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 increased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06812, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 06812 in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for 06812, CT
We’re sorry, we don't have information for this market at the moment
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