Is East Bridgeport, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Bridgeport has remained a Seller's Market.
Key Takeaway
East Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Bridgeport, CT
How much do homes in East Bridgeport, CT cost?
Median Sold Price
$303,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Bridgeport have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in East Bridgeport was $303,000 in April 2024, up 5.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.1K | $86.5K | +1.6% |
| 2 Bedrooms | $150K | $175K | +16.7% |
| 3 Bedrooms | $260K | $288K | +10.8% |
| 4 Bedrooms | $315K | $365K | +15.9% |
| 5+ Bedrooms | $400K | $410K | +2.5% |
Summary: East Bridgeport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Neighborhoods
| North Bridgeport | $287.4K | $322.5K | +12.2% |
| East End | $275K | $300K | +9.1% |
| Boston Avenue / Mill Hill | $255K | $270K | +5.9% |
| East Bridgeport | $286.6K | $303K | +5.7% |
| East Side | $351K | $350K | -0.3% |
Housing Supply in East Bridgeport, CT
How many homes are available in East Bridgeport, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 83 | 86 | +3.6% |
Summary: The East Bridgeport real estate market had 86 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The East Bridgeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 31.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Bridgeport, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in East Bridgeport in April 2024, up by 23.1% month-over-month. Of the 16 sold homes, 19% were sold under asking, 6% were sold at asking, and 75% were sold over asking.
Days on Market for East Bridgeport, CT
How long does it take to sell a home in East Bridgeport, CT?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Bridgeport are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in East Bridgeport; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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