$2,611 Closing Credit*
$219,900
968 SqFt
1 Bed
•1 Full Bath, 1 Partial
Todd Hany, Listing Office: Sentry Real Estate
Is Ellington, 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, Ellington has remained a Seller's Market.
Key Takeaway
Ellington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ellington, CT
How much do homes in Ellington, CT cost?
Median Sold Price
$390,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$28,000(+7.7%)
Key Takeaway
Homes in Ellington have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Ellington was $390,000 in August 2024, up 7.7% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166K | $207.8K | +25.2% |
| 2 Bedrooms | $270K | $245.6K | -9.0% |
| 3 Bedrooms | $372.5K | $400K | +7.4% |
| 4 Bedrooms | $475K | $536K | +12.8% |
| 5+ Bedrooms | $397.5K | $527.5K | +32.7% |
Summary: Ellington housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Cities
| Tolland | $343.5K | $411.2K | +19.7% |
| Vernon | $262K | $294K | +12.2% |
| Vernon Rockville | $262K | $293K | +11.8% |
| Somers | $387.7K | $424K | +9.3% |
| Ellington | $362K | $390K | +7.7% |
Housing Supply in Ellington, CT
How many homes are available in Ellington, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Ellington real estate market had 36 homes for sale in August 2024, a 14.3% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Ellington housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 8 | -46.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellington, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Ellington in August 2024, down by 46.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Ellington, CT
We’re sorry, we don't have information for this market at the moment
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