Is New Preston Marble Dale, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, New Preston Marble Dale was a Seller's Market.
Key Takeaway
New Preston Marble Dale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Preston Marble Dale, CT
How much do homes in New Preston Marble Dale, CT cost?
Median Sold Price
$575,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in New Preston Marble Dale have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in New Preston Marble Dale was $575,000 in March 2024, down 7.6% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $405K | $465K | +14.8% |
| 3 Bedrooms | $595K | $600K | +0.8% |
| 4 Bedrooms | $3.0M | $1.2M | -59.0% |
| 5+ Bedrooms | $3.1M | $1.3M | -57.4% |
Summary: New Preston Marble Dale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 59%, and 5+ bedroom homes decreased by 57.4%.
Median Sold Price Compared To Nearby Cities
| Kent | $472.5K | $460.5K | -2.5% |
| New Preston Marble Dale | $622.5K | $575K | -7.6% |
Housing Supply in New Preston Marble Dale, CT
How many homes are available in New Preston Marble Dale, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The New Preston Marble Dale real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The New Preston Marble Dale 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Preston Marble Dale, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in New Preston Marble Dale in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New Preston Marble Dale, CT
We’re sorry, we don't have information for this market at the moment
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