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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Side is a buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Side, CT

How much do homes in East Side, CT cost?

Median Sold Price

$350,000

$147/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since June 2023.

Key Takeaway

The sold price of homes in East Side has remained the same since last year.

Summary: The median home sold price in East Side was $350,000 in June 2024, the same as last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $120K$185K
+54.2%
3 $195K$188K
-3.6%
4 $250K$310K
+24.0%
5+ $394.5K$400K
+1.4%

Summary: East Side housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Neighborhoods

East End
+18.5%
East Bridgeport
+10.0%
North Bridgeport
+7.1%
East Side
0.0%

Housing Supply in East Side, CT

How many homes are available in East Side, CT?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2515-40.0%

Summary: The East Side real estate market had 15 homes for sale in June 2024, a 40.0% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 33
0.0%
3 32
-33.3%
4 41
-75.0%
5+ 159
-40.0%

Summary: The East Side housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

May 2024Jun 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Side, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in East Side in June 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for East Side, 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 26 Days Ago

Newest Listings in East Side, CT

Nearby Markets to East Side, CT