Is Griswold, 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, Griswold has remained a Seller's Market.
Key Takeaway
Griswold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Griswold, CT
How much do homes in Griswold, CT cost?
Median Sold Price
$286,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Griswold have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Griswold was $286,500 in March 2024, up 16.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91.5K | $125K | +36.6% |
| 2 Bedrooms | $144.5K | $190K | +31.5% |
| 3 Bedrooms | $264.7K | $327.5K | +23.7% |
| 4 Bedrooms | $335K | $327.7K | -2.2% |
| 5+ Bedrooms | $245K | $330K | +34.7% |
Summary: Griswold housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.6%, 2 bedroom homes increased by 31.5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 34.7%.
Median Sold Price Compared To Nearby Cities
| Griswold | $246K | $286.5K | +16.5% |
| Jewett City | $265K | $295K | +11.3% |
Housing Supply in Griswold, CT
How many homes are available in Griswold, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Griswold real estate market had 29 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 3 | -57.1% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Griswold 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 decreased by 57.1%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Griswold, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Griswold in March 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Griswold, CT
How long does it take to sell a home in Griswold, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Griswold are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Griswold; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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