Is North End Area, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North End Area is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, North End Area has remained a Seller's Market.

Key Takeaway

North End Area is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North End Area, CT

How much do homes in North End Area, CT cost?

Median Sold Price

$329,200

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$29,200(+9.7%)

Key Takeaway

Homes in North End Area have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in North End Area was $329,200 in February 2024, up 9.7% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $152.2K$165K
+8.4%
2 $224.9K$225K
0.0%
3 $317.5K$335K
+5.5%
4 $335K$390K
+16.4%
5+ $439.5K$437.5K
-0.5%

Summary: North End Area housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Neighborhoods

Reservoir / Whiskey Hill
+13.4%
North End Area
+9.7%
North End
+9.3%
North Bridgeport
+5.3%

Housing Supply in North End Area, CT

How many homes are available in North End Area, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8481-3.6%

Summary: The North End Area real estate market had 81 homes for sale in February 2024, a 3.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 89
+12.5%
2 1717
0.0%
3 3330
-9.1%
4 1414
0.0%
5+ 1211
-8.3%

Summary: The North End Area housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
17170.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North End Area, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in North End Area in February 2024, the same as the previous month. Of the 17 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.

Days on Market for North End Area, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in North End Area, CT

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