Is 06870, 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, 06870 has remained a Seller's Market.
Housing Prices in 06870, CT
How much do homes in 06870, CT cost?
Median Sold Price
$1,712,500
$705/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06870 was $1,712,500 in March 2024, up 11.5% from last year, and the median price per square foot was $705.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $422.5K | -1.7% |
2 Bedrooms | $1.0M | $805K | -25.1% |
3 Bedrooms | $1.1M | $1.4M | +28.7% |
4 Bedrooms | $1.7M | $2.0M | +14.3% |
5+ Bedrooms | $3.5M | $2.8M | -19.3% |
Summary: 06870 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 25.1%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 19.3%.
Housing Supply in 06870, CT
How many homes are available in 06870, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The 06870 real estate market had 12 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 06870 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 06870 in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 06870, CT
We’re sorry, we don't have information for this market at the moment