Is Downtown / Harbor / Post Road South, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown / Harbor / Post Road South is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Downtown / Harbor / Post Road South was a Buyer's Market.

Key Takeaway

Downtown / Harbor / Post Road South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Downtown / Harbor / Post Road South, CT

How much do homes in Downtown / Harbor / Post Road South, CT cost?

Median Sold Price

$432,500

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,500(+15.3%)

Key Takeaway

Homes in Downtown / Harbor / Post Road South have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Downtown / Harbor / Post Road South was $432,500 in April 2024, up 15.3% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $241.5K$265K
+9.7%
2 $355K$380K
+7.0%
3 $418K$437.4K
+4.7%
4 $510K$599.9K
+17.6%
5+ $545K$925K
+69.7%

Summary: Downtown / Harbor / Post Road South housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 69.7%.

Median Sold Price Compared To Nearby Neighborhoods

Downtown / Harbor / Post Road South
+15.3%
Forest Heights / Post Road North
+10.1%
Naugatuck Gardens
+9.7%
Silver Beach
+6.2%
Morningside / Milford Lawns
+3.3%

Housing Supply in Downtown / Harbor / Post Road South, CT

How many homes are available in Downtown / Harbor / Post Road South, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2224+9.1%

Summary: The Downtown / Harbor / Post Road South real estate market had 24 homes for sale in April 2024, a 9.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 54
-20.0%
3 64
-33.3%
4 48
+100.0%
5+ 57
+40.0%

Summary: The Downtown / Harbor / Post Road South housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downtown / Harbor / Post Road South, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Downtown / Harbor / Post Road South in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Downtown / Harbor / Post Road South, 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 4 Days Ago

Newest Listings in Downtown / Harbor / Post Road South, CT

Nearby Markets to Downtown / Harbor / Post Road South, CT