Is Ellington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ellington has remained a Seller's Market.
Housing Prices in Ellington, CT
How much do homes in Ellington, CT cost?
Median Sold Price
$371,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ellington was $371,000 in April 2024, up 4.2% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166K | $195K | +17.5% |
2 Bedrooms | $280K | $245.6K | -12.3% |
3 Bedrooms | $370K | $385K | +4.1% |
4 Bedrooms | $442.4K | $502.4K | +13.6% |
5+ Bedrooms | $365.5K | $496.5K | +35.8% |
Summary: Ellington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 35.8%.
Median Sold Price Compared To Nearby Cities
Vernon Rockville | $252K | $279.9K | +11.1% |
Vernon | $252.5K | $279.9K | +10.9% |
Somers | $394.2K | $422.5K | +7.2% |
Tolland | $343.5K | $367.5K | +7.0% |
Ellington | $356K | $371K | +4.2% |
Housing Supply in Ellington, CT
How many homes are available in Ellington, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 44 | +46.7% |
Summary: The Ellington real estate market had 44 homes for sale in April 2024, a 46.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 13 | 21 | +61.5% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ellington 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 100%, 3 bedroom homes increased by 61.5%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Ellington in April 2024, up by 85.7% month-over-month. Of the 13 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% were sold over asking.
Days on Market for Ellington, CT
We’re sorry, we don't have information for this market at the moment