Is East Hartford Gardens, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hartford Gardens is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, East Hartford Gardens was a Neutral Market.

Key Takeaway

East Hartford Gardens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Hartford Gardens, CT

How much do homes in East Hartford Gardens, CT cost?

Median Sold Price

$239,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,000(+10.6%)

Key Takeaway

Homes in East Hartford Gardens have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in East Hartford Gardens was $239,000 in April 2024, up 10.6% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $170K-
N/A
2 $195K$220.1K
+12.9%
3 $244K$252.5K
+3.5%
4 $251.5K$264.9K
+5.4%
5+ $254K$322.5K
+27.0%

Summary: East Hartford Gardens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 27%.

Median Sold Price Compared To Nearby Neighborhoods

East Hartford Gardens
+10.6%
Forest Village
+1.8%
Forbes Village
+0.7%
Hockanum
-11.0%

Housing Supply in East Hartford Gardens, CT

How many homes are available in East Hartford Gardens, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13130.0%

Summary: The East Hartford Gardens real estate market had 13 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 67
+16.7%
4 43
-25.0%
5+ 10
-100.0%

Summary: The East Hartford Gardens housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Hartford Gardens, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Hartford Gardens in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for East Hartford Gardens, 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 1 Day Ago

Newest Listings in East Hartford Gardens, CT

Nearby Markets to East Hartford Gardens, CT