Is Bristol, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Bristol has remained a Seller's Market.

Key Takeaway

Bristol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bristol, CT

How much do homes in Bristol, CT cost?

Median Sold Price

$280,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$24,541(+9.6%)

Key Takeaway

Homes in Bristol have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Bristol was $280,000 in February 2024, up 9.6% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $99.2K$127.5K
+28.5%
2 $175K$200K
+14.3%
3 $270K$298.4K
+10.5%
4 $280K$330K
+17.9%
5+ $296K$342.5K
+15.7%

Summary: Bristol housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Cities

Plainville
+16.3%
Terryville
+10.0%
Bristol
+9.6%
Southington
+6.1%
Unionville
+3.7%

Housing Supply in Bristol, CT

How many homes are available in Bristol, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
149131-12.1%

Summary: The Bristol real estate market had 131 homes for sale in February 2024, a 12.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 75
-28.6%
2 3133
+6.5%
3 6453
-17.2%
4 2926
-10.3%
5+ 1814
-22.2%

Summary: The Bristol housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
6032-46.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol, you could pay more than the asking price. 59.4% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Bristol in February 2024, down by 46.7% month-over-month. Of the 32 sold homes, 25% were sold under asking, 16% were sold at asking, and 59% were sold over asking.

Days on Market for Bristol, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Bristol, CT

Nearby Markets to Bristol, CT

What housing markets are near Bristol, CT?