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 neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, East Side was a Seller's Market.

Key Takeaway

East Side is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in East Side, CT

How much do homes in East Side, CT cost?

Median Sold Price

$350,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,000(+7.0%)

Key Takeaway

Homes in East Side have sold for 7% more than they did a year ago.

Summary: The median home sold price in East Side was $350,000 in March 2024, up 7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $128.5K$172.5K
+34.2%
3 $229K$188K
-17.9%
4 $205K$300K
+46.3%
5+ $400K$387.5K
-3.1%

Summary: East Side 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 34.2%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 46.3%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Neighborhoods

East End
+13.5%
North Bridgeport
+8.4%
East Bridgeport
+7.4%
East Side
+7.0%
Boston Avenue / Mill Hill
+5.9%

Housing Supply in East Side, CT

How many homes are available in East Side, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1620+25.0%

Summary: The East Side real estate market had 20 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 33
0.0%
4 23
+50.0%
5+ 89
+12.5%

Summary: The East Side 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 increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 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 Side, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in East Side in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 21 Days Ago

Newest Listings in East Side, CT

Nearby Markets to East Side, CT