Is Southbury, 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, Southbury has remained a Seller's Market.
Housing Prices in Southbury, CT
How much do homes in Southbury, CT cost?
Median Sold Price
$356,250
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southbury was $356,250 in April 2024, up 4.9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $215K | +13.2% |
2 Bedrooms | $269.9K | $285K | +5.6% |
3 Bedrooms | $407K | $447K | +9.8% |
4 Bedrooms | $612.5K | $630K | +2.9% |
5+ Bedrooms | $645K | $860K | +33.3% |
Summary: Southbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
Middlebury | $459K | $516.7K | +12.6% |
Oxford | $480K | $540K | +12.5% |
Southbury | $339.7K | $356.2K | +4.9% |
Woodbury | $419K | $400K | -4.5% |
Sandy Hook | $555K | $527K | -5.0% |
Housing Supply in Southbury, CT
How many homes are available in Southbury, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 89 | -6.3% |
Summary: The Southbury real estate market had 89 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 41 | 42 | +2.4% |
3 Bedrooms | 26 | 16 | -38.5% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Southbury 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 increased by 2.4%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Southbury in April 2024, down by 20.7% month-over-month. Of the 23 sold homes, 30% were sold under asking, 17% were sold at asking, and 52% were sold over asking.
Days on Market for Southbury, CT
We’re sorry, we don't have information for this market at the moment