Is 06830, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 06830 was a Seller's Market.
Key Takeaway
06830 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 06830, CT
How much do homes in 06830, CT cost?
Median Sold Price
$1,600,000
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 06830 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 06830 was $1,600,000 in March 2024, up 4.1% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $502.5K | $398.5K | -20.7% |
| 2 Bedrooms | $615K | $745K | +21.1% |
| 3 Bedrooms | $1.3M | $1.0M | -18.4% |
| 4 Bedrooms | $1.8M | $1.8M | +3.8% |
| 5+ Bedrooms | $4.6M | $3.0M | -34.2% |
Summary: 06830 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 34.2%.
Housing Supply in 06830, CT
How many homes are available in 06830, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Summary: The 06830 real estate market had 32 homes for sale in March 2024, a 3.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 06830 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06830, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 06830 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 06830, CT
How long does it take to sell a home in 06830, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 06830 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 5 homes were sold in 06830; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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