Is Reservoir / Whiskey Hill, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Reservoir / Whiskey Hill has remained a Seller's Market.
Key Takeaway
Reservoir / Whiskey Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reservoir / Whiskey Hill, CT
How much do homes in Reservoir / Whiskey Hill, CT cost?
Median Sold Price
$348,950
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Reservoir / Whiskey Hill have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Reservoir / Whiskey Hill was $348,950 in April 2024, up 14.4% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $230.7K | $265K | +14.9% |
| 3 Bedrooms | $285K | $302.5K | +6.1% |
| 4 Bedrooms | $337.5K | $390K | +15.6% |
| 5+ Bedrooms | $412K | $485K | +17.7% |
Summary: Reservoir / Whiskey Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Reservoir / Whiskey Hill | $305K | $348.9K | +14.4% |
| North Bridgeport | $287.4K | $322.5K | +12.2% |
| North End Area | $300.8K | $329.9K | +9.7% |
| North End | $300K | $325K | +8.3% |
Housing Supply in Reservoir / Whiskey Hill, CT
How many homes are available in Reservoir / Whiskey Hill, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 25 | -24.2% |
Summary: The Reservoir / Whiskey Hill real estate market had 25 homes for sale in April 2024, a 24.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Reservoir / Whiskey Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reservoir / Whiskey Hill, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Reservoir / Whiskey Hill in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Reservoir / Whiskey Hill, CT
How long does it take to sell a home in Reservoir / Whiskey Hill, 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 Reservoir / Whiskey Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Reservoir / Whiskey Hill; 20% 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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