Is East Granby, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Granby was a Neutral Market.
Key Takeaway
East Granby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Granby, CT
How much do homes in East Granby, CT cost?
Median Sold Price
$347,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Granby have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in East Granby was $347,500 in March 2024, down 0.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $165K | $176K | +6.7% |
| 3 Bedrooms | $352.5K | $335K | -5.0% |
| 4 Bedrooms | $370K | $445K | +20.3% |
| 5+ Bedrooms | $650K | $462.5K | -28.8% |
Summary: East Granby 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 6.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 28.8%.
Median Sold Price Compared To Nearby Cities
| West Suffield | $375K | $465K | +24.0% |
| Simsbury | $393.7K | $450K | +14.3% |
| Windsor Locks | $250K | $272.1K | +8.8% |
| East Granby | $350K | $347.5K | -0.7% |
Housing Supply in East Granby, CT
How many homes are available in East Granby, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The East Granby real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The East Granby 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 increased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Granby, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in East Granby in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Granby, CT
We’re sorry, we don't have information for this market at the moment
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