Is Old Saybrook, 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, Old Saybrook has remained a Seller's Market.
Housing Prices in Old Saybrook, CT
How much do homes in Old Saybrook, CT cost?
Median Sold Price
$617,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Old Saybrook was $617,000 in March 2024, up 13.8% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $368.7K | +79.9% |
2 Bedrooms | $505K | $538.5K | +6.6% |
3 Bedrooms | $525K | $586K | +11.6% |
4 Bedrooms | $615K | $843.5K | +37.2% |
5+ Bedrooms | $643K | $732.5K | +13.9% |
Summary: Old Saybrook housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 37.2%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Old Saybrook, CT
How many homes are available in Old Saybrook, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 35 | +59.1% |
Summary: The Old Saybrook real estate market had 35 homes for sale in March 2024, a 59.1% increase 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 | 5 | 8 | +60.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Old Saybrook 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 increased by 60%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Old Saybrook in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Old Saybrook, CT
We’re sorry, we don't have information for this market at the moment