Is Avon, 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, Avon has remained a Seller's Market.
Key Takeaway
Avon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Avon, CT
How much do homes in Avon, CT cost?
Median Sold Price
$475,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Avon have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Avon was $475,000 in March 2024, up 5.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $205K | +17.1% |
| 2 Bedrooms | $263.9K | $310K | +17.4% |
| 3 Bedrooms | $381K | $408.5K | +7.2% |
| 4 Bedrooms | $600K | $632.5K | +5.4% |
| 5+ Bedrooms | $917.6K | $913.5K | -0.4% |
Summary: Avon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Avon | $450K | $475K | +5.6% |
| Canton | $366.2K | $380K | +3.8% |
| Weatogue | $357.5K | $370K | +3.5% |
| Unionville | $370K | $378.7K | +2.4% |
| Burlington | $490K | $455K | -7.1% |
Housing Supply in Avon, CT
How many homes are available in Avon, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The Avon real estate market had 53 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Avon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Avon in March 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Avon, CT
We’re sorry, we don't have information for this market at the moment
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