Is Ellington, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$378,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ellington was $378,000 in March 2024, up 6.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $180.5K | +9.4% |
2 Bedrooms | $280K | $245.6K | -12.3% |
3 Bedrooms | $356K | $392.5K | +10.3% |
4 Bedrooms | $449.9K | $475K | +5.6% |
5+ Bedrooms | $355K | $496.5K | +39.9% |
Summary: Ellington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 39.9%.
Median Sold Price Compared To Nearby Cities
Vernon Rockville | $250K | $279.9K | +12.0% |
Vernon | $250K | $278.9K | +11.6% |
Ellington | $355K | $378K | +6.5% |
Somers | $395K | $420K | +6.3% |
Tolland | $342K | $360K | +5.3% |
Housing Supply in Ellington, CT
How many homes are available in Ellington, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Summary: The Ellington real estate market had 29 homes for sale in March 2024, a 11.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 6 | +500.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 16 | 13 | -18.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ellington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 500%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Ellington in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Ellington, CT
We’re sorry, we don't have information for this market at the moment