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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colebrook is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Colebrook, CT

How much do homes in Colebrook, CT cost?

Median Sold Price

$240,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$210,000(-46.7%)

Key Takeaway

Homes in Colebrook have sold for 46.7% less than they did a year ago.

Summary: The median home sold price in Colebrook was $240,000 in March 2024, down 46.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $229K-
N/A
2 $250K$295K
+18.0%
3 $456.2K$215K
-52.9%
4 $497.4K-
N/A
5+ $480K$375K
-21.9%

Summary: Colebrook 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 18%, 3 bedroom homes decreased by 52.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 21.9%.

Median Sold Price Compared To Nearby Cities

Winchester
+7.3%
Winsted
+5.6%
Colebrook
-46.7%

Housing Supply in Colebrook, CT

How many homes are available in Colebrook, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
550.0%

Summary: The Colebrook real estate market had 5 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Colebrook 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colebrook, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Colebrook in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Colebrook, 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 23 Days Ago

Newest Listings in Colebrook, CT

Nearby Markets to Colebrook, CT

What housing markets are near Colebrook, CT?