$5,699 Closing Credit*
$479,900
2,212 SqFt
3 Beds
•2 Full Baths, 1 Partial
Dee Hasuly, Listing Office: KW Legacy Partners
Is East Haddam, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, East Haddam has remained a Seller's Market.
Key Takeaway
East Haddam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Haddam, CT
How much do homes in East Haddam, CT cost?
Median Sold Price
$367,500
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$2,500(+0.7%)
Key Takeaway
Homes in East Haddam have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in East Haddam was $367,500 in August 2024, up 0.7% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $161K | +15.8% |
| 2 Bedrooms | $261.9K | $263.5K | +0.6% |
| 3 Bedrooms | $377K | $400K | +6.1% |
| 4 Bedrooms | $490.6K | $455K | -7.3% |
| 5+ Bedrooms | $240K | $902K | +275.8% |
Summary: East Haddam housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 275.8%.
Median Sold Price Compared To Nearby Cities
| Colchester | $365K | $403K | +10.4% |
| Haddam | $407.5K | $435K | +6.7% |
| East Hampton | $349K | $358K | +2.6% |
| East Haddam | $365K | $367.5K | +0.7% |
| Moodus | $307.5K | $300K | -2.4% |
Housing Supply in East Haddam, CT
How many homes are available in East Haddam, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 60 | 55 | -8.3% |
Summary: The East Haddam real estate market had 55 homes for sale in August 2024, a 8.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The East Haddam housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Haddam, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in East Haddam in August 2024, down by 12.5% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.
Days on Market for East Haddam, CT
We’re sorry, we don't have information for this market at the moment
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