Is Shelton, 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, Shelton has remained a Seller's Market.
Key Takeaway
Shelton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelton, CT
How much do homes in Shelton, CT cost?
Median Sold Price
$458,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Shelton have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Shelton was $458,000 in March 2024, up 3.9% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178K | $185K | +3.9% |
| 2 Bedrooms | $305K | $325K | +6.6% |
| 3 Bedrooms | $430K | $467.7K | +8.8% |
| 4 Bedrooms | $600K | $610K | +1.7% |
| 5+ Bedrooms | $503K | $600K | +19.3% |
Summary: Shelton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 19.3%.
Housing Supply in Shelton, CT
How many homes are available in Shelton, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 107 | +5.9% |
Summary: The Shelton real estate market had 107 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 28 | 28 | 0.0% |
| 3 Bedrooms | 39 | 43 | +10.3% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Shelton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelton, you could pay more than the asking price. 48% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Shelton in March 2024, up by 19.0% month-over-month. Of the 25 sold homes, 32% were sold under asking, 20% were sold at asking, and 48% were sold over asking.
Days on Market for Shelton, CT
We’re sorry, we don't have information for this market at the moment
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