Is 06896, 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, 06896 has remained a Seller's Market.
Housing Prices in 06896, CT
How much do homes in 06896, CT cost?
Median Sold Price
$797,650
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06896 was $797,650 in March 2024, down 0.3% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $380K | N/A |
2 Bedrooms | $432.5K | $555.9K | +28.6% |
3 Bedrooms | $660K | $740K | +12.1% |
4 Bedrooms | $850K | $817.5K | -3.8% |
5+ Bedrooms | $1.2M | $940K | -24.8% |
Summary: 06896 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 28.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 24.8%.
Housing Supply in 06896, CT
How many homes are available in 06896, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 36 | -20.0% |
Summary: The 06896 real estate market had 36 homes for sale in March 2024, a 20.0% 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 | 1 | +100.0% |
3 Bedrooms | 11 | 6 | -45.5% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 06896 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 increased by 100%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 06896 in March 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for 06896, CT
We’re sorry, we don't have information for this market at the moment