Is Blue Hills, 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, Blue Hills has remained a Seller's Market.
Key Takeaway
Blue Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blue Hills, CT
How much do homes in Blue Hills, CT cost?
Median Sold Price
$238,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Blue Hills have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Blue Hills was $238,000 in March 2024, up 9.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127K | $220K | +73.2% |
| 3 Bedrooms | $220K | $230K | +4.5% |
| 4 Bedrooms | $211.5K | $250K | +18.2% |
| 5+ Bedrooms | $300K | $260K | -13.3% |
Summary: Blue Hills 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 73.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 13.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Northeast / North End | $220K | $256K | +16.4% |
| Blue Hills | $217.5K | $238K | +9.4% |
| Upper Albany | $275K | $295K | +7.3% |
Housing Supply in Blue Hills, CT
How many homes are available in Blue Hills, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Blue Hills real estate market had 25 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Blue Hills 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 9.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
5 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 Blue Hills, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Blue Hills in March 2024, up by 200.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Blue Hills, CT
We’re sorry, we don't have information for this market at the moment
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