Is Southbury, 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, Southbury has remained a Seller's Market.
Housing Prices in Southbury, CT
How much do homes in Southbury, CT cost?
Median Sold Price
$349,800
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Southbury was $349,800 in March 2024, up 1.3% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $183K | $214.9K | +17.4% |
2 Bedrooms | $268K | $276.5K | +3.2% |
3 Bedrooms | $405K | $440K | +8.6% |
4 Bedrooms | $609K | $642.5K | +5.5% |
5+ Bedrooms | $645K | $867.5K | +34.5% |
Summary: Southbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
Middlebury | $459K | $525K | +14.4% |
Oxford | $475K | $540K | +13.7% |
Southbury | $345.4K | $349.8K | +1.3% |
Woodbury | $414.5K | $400.7K | -3.3% |
Sandy Hook | $545K | $526K | -3.5% |
Housing Supply in Southbury, CT
How many homes are available in Southbury, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 98 | +10.1% |
Summary: The Southbury real estate market had 98 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 5 | -37.5% |
2 Bedrooms | 37 | 41 | +10.8% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 20 | 25 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Southbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 28 | +55.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Southbury in March 2024, up by 55.6% month-over-month. Of the 28 sold homes, 39% were sold under asking, 18% were sold at asking, and 43% were sold over asking.
Days on Market for Southbury, CT
We’re sorry, we don't have information for this market at the moment