Is Glenbrook, 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, Glenbrook has remained a Seller's Market.
Key Takeaway
Glenbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenbrook, CT
How much do homes in Glenbrook, CT cost?
Median Sold Price
$395,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Glenbrook have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Glenbrook was $395,000 in March 2024, up 14.5% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $225K | +11.1% |
| 2 Bedrooms | $322.5K | $373K | +15.7% |
| 3 Bedrooms | $540K | $539K | -0.2% |
| 4 Bedrooms | $710K | $625K | -12.0% |
| 5+ Bedrooms | $686K | $865.5K | +26.2% |
Summary: Glenbrook housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 15.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Glenbrook | $345K | $395K | +14.5% |
| Belltown | $550K | $605K | +10.0% |
| Downtown | $335K | $353K | +5.4% |
Housing Supply in Glenbrook, CT
How many homes are available in Glenbrook, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 48 | -14.3% |
Summary: The Glenbrook real estate market had 48 homes for sale in March 2024, a 14.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 21 | 20 | -4.8% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Glenbrook housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 11 | -47.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenbrook, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Glenbrook in March 2024, down by 47.6% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for Glenbrook, CT
We’re sorry, we don't have information for this market at the moment
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