Is South End, 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, South End has remained a Seller's Market.
Key Takeaway
South End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South End, CT
How much do homes in South End, CT cost?
Median Sold Price
$255,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in South End have sold for 1% less than they did a year ago.
Summary: The median home sold price in South End was $255,000 in March 2024, down 1% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.1K | $57K | +18.5% |
| 2 Bedrooms | $82K | $200K | +143.9% |
| 3 Bedrooms | $215K | $242.5K | +12.8% |
| 4 Bedrooms | $237.5K | $280K | +17.9% |
| 5+ Bedrooms | $308.5K | $367.4K | +19.1% |
Summary: South End housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 143.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 19.1%.
Housing Supply in South End, CT
How many homes are available in South End, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The South End real estate market had 30 homes for sale in March 2024, a 20.0% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The South End 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 200%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South End, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in South End in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
Days on Market for South End, CT
We’re sorry, we don't have information for this market at the moment
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