Is Newtown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Newtown has remained a Seller's Market.
Housing Prices in Newtown, CT
How much do homes in Newtown, CT cost?
Median Sold Price
$590,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Newtown was $590,000 in February 2024, up 12.4% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $351.5K | N/A |
2 Bedrooms | $404K | $305K | -24.5% |
3 Bedrooms | $439.9K | $507.5K | +15.4% |
4 Bedrooms | $615K | $705K | +14.6% |
5+ Bedrooms | $785K | $1.1M | +46.5% |
Summary: Newtown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.5%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 46.5%.
Housing Supply in Newtown, CT
How many homes are available in Newtown, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
59 | 53 | -10.2% |
Summary: The Newtown real estate market had 53 homes for sale in February 2024, a 10.2% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Newtown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Newtown in February 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Newtown, CT
We’re sorry, we don't have information for this market at the moment