Is 06878, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06878 has remained a Seller's Market.
Housing Prices in 06878, CT
How much do homes in 06878, CT cost?
Median Sold Price
$2,300,000
$717/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06878 was $2,300,000 in April 2024, down 2.3% from last year, and the median price per square foot was $717.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $777.5K | $740K | -4.8% |
3 Bedrooms | $1.4M | $1.3M | -9.1% |
4 Bedrooms | $2.3M | $2.0M | -12.4% |
5+ Bedrooms | $3.1M | $3.1M | +0.8% |
Summary: 06878 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 06878, CT
How many homes are available in 06878, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The 06878 real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06878 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 06878 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06878, CT
We’re sorry, we don't have information for this market at the moment