Is Southbury, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Southbury has remained a Seller's Market.
Housing Prices in Southbury, CT
How much do homes in Southbury, CT cost?
Median Sold Price
$349,166
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Southbury was $349,166 in February 2024, up 2.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $210K | +16.7% |
2 Bedrooms | $265K | $277K | +4.5% |
3 Bedrooms | $391K | $440K | +12.5% |
4 Bedrooms | $604K | $630K | +4.3% |
5+ Bedrooms | $535K | $860K | +60.7% |
Summary: Southbury housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 60.7%.
Median Sold Price Compared To Nearby Cities
Oxford | $475K | $537.5K | +13.2% |
Middlebury | $475K | $500K | +5.3% |
Southbury | $339.8K | $349.1K | +2.7% |
Sandy Hook | $532.5K | $532.5K | 0.0% |
Woodbury | $419K | $390K | -6.9% |
Housing Supply in Southbury, CT
How many homes are available in Southbury, CT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
96 | 90 | -6.3% |
Summary: The Southbury real estate market had 90 homes for sale in February 2024, a 6.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 34 | 38 | +11.8% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 32 | 23 | -28.1% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Southbury housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Southbury in February 2024, down by 24.0% month-over-month. Of the 19 sold homes, 37% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for Southbury, CT
We’re sorry, we don't have information for this market at the moment