Is East Rock, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Rock was a Seller's Market.
Key Takeaway
East Rock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Rock, CT
How much do homes in East Rock, CT cost?
Median Sold Price
$605,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Rock have sold for 33% more than they did a year ago.
Summary: The median home sold price in East Rock was $605,000 in April 2024, up 33% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337K | $191K | -43.3% |
| 2 Bedrooms | $367.4K | $415K | +12.9% |
| 3 Bedrooms | $486K | $506.2K | +4.2% |
| 4 Bedrooms | $560K | $660K | +17.9% |
| 5+ Bedrooms | $685K | $845K | +23.4% |
Summary: East Rock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Neighborhoods
| East Rock | $455K | $605K | +33.0% |
| Downtown | $200K | $250K | +25.0% |
| Fair Haven | $265K | $305K | +15.1% |
Housing Supply in East Rock, CT
How many homes are available in East Rock, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The East Rock real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The East Rock 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Rock, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in East Rock in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Rock, CT
We’re sorry, we don't have information for this market at the moment
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