Is 06905, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 06905 has remained a Seller's Market.
Housing Prices in 06905, CT
How much do homes in 06905, CT cost?
Median Sold Price
$648,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 06905 was $648,000 in February 2024, up 9.8% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $297.5K | $370K | +24.4% |
2 Bedrooms | $425K | $492K | +15.8% |
3 Bedrooms | $610K | $685K | +12.3% |
4 Bedrooms | $695K | $850K | +22.3% |
5+ Bedrooms | $935K | $995K | +6.4% |
Summary: 06905 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.4%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in 06905, CT
How many homes are available in 06905, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
42 | 45 | +7.1% |
Summary: The 06905 real estate market had 45 homes for sale in February 2024, a 7.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 15 | 12 | -20.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 06905 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 06905 in February 2024, up by 33.3% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for 06905, CT
We’re sorry, we don't have information for this market at the moment