Is Coventry, 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, Coventry has remained a Seller's Market.
Housing Prices in Coventry, CT
How much do homes in Coventry, CT cost?
Median Sold Price
$335,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Coventry was $335,000 in February 2024, up 12.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $198.5K | -0.8% |
2 Bedrooms | $224.9K | $215K | -4.4% |
3 Bedrooms | $299.9K | $340K | +13.4% |
4 Bedrooms | $389.9K | $492.5K | +26.3% |
5+ Bedrooms | $385K | $613.6K | +59.4% |
Summary: Coventry housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 59.4%.
Median Sold Price Compared To Nearby Cities
Andover | $291K | $399.9K | +37.4% |
Coventry | $298.9K | $335K | +12.1% |
Mansfield | $300K | $330K | +10.0% |
Housing Supply in Coventry, CT
How many homes are available in Coventry, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 20 | -25.9% |
Summary: The Coventry real estate market had 20 homes for sale in February 2024, a 25.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 5 | 2 | -60.0% |
5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Coventry housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Coventry in February 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Coventry, CT
We’re sorry, we don't have information for this market at the moment