Is 06903, 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, 06903 was a Seller's Market.
Housing Prices in 06903, CT
How much do homes in 06903, CT cost?
Median Sold Price
$975,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 06903 was $975,000 in March 2024, up 4.8% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $615K | $515K | -16.3% |
3 Bedrooms | $700K | $777.5K | +11.1% |
4 Bedrooms | $897K | $985K | +9.8% |
5+ Bedrooms | $1.2M | $1.1M | -3.1% |
Summary: 06903 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 decreased by 16.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in 06903, CT
How many homes are available in 06903, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 67 | +24.1% |
Summary: The 06903 real estate market had 67 homes for sale in March 2024, a 24.1% increase 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 | 2 | 3 | +50.0% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 27 | 33 | +22.2% |
5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 06903 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 increased by 50%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 06903 in March 2024, up by 175.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for 06903, CT
We’re sorry, we don't have information for this market at the moment