Is 06883, 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, 06883 has remained a Neutral Market.
Housing Prices in 06883, CT
How much do homes in 06883, CT cost?
Median Sold Price
$1,260,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06883 was $1,260,000 in March 2024, up 9.6% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | - | N/A |
2 Bedrooms | $675K | $948.5K | +40.5% |
3 Bedrooms | $727.5K | $757.5K | +4.1% |
4 Bedrooms | $1.0M | $1.1M | +0.8% |
5+ Bedrooms | $1.6M | $1.5M | -2.2% |
Summary: 06883 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 06883, CT
How many homes are available in 06883, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 40 | -2.4% |
Summary: The 06883 real estate market had 40 homes for sale in March 2024, a 2.4% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 18 | 15 | -16.7% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The 06883 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 06883 in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06883, CT
We’re sorry, we don't have information for this market at the moment