Is 06825, 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, 06825 has remained a Seller's Market.
Housing Prices in 06825, CT
How much do homes in 06825, CT cost?
Median Sold Price
$650,000
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06825 was $650,000 in March 2024, up 12.5% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219K | $229.4K | +4.8% |
2 Bedrooms | $400K | $415K | +3.8% |
3 Bedrooms | $550K | $617K | +12.2% |
4 Bedrooms | $755K | $797.5K | +5.6% |
5+ Bedrooms | $780K | $799K | +2.4% |
Summary: 06825 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 06825, CT
How many homes are available in 06825, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 59 | +5.4% |
Summary: The 06825 real estate market had 59 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 14 | +55.6% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 06825 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 55.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 06825 in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for 06825, CT
We’re sorry, we don't have information for this market at the moment