Is Southington, 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, Southington has remained a Seller's Market.
Housing Prices in Southington, CT
How much do homes in Southington, CT cost?
Median Sold Price
$360,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Southington was $360,000 in March 2024, up 7.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $168K | +29.2% |
2 Bedrooms | $250.1K | $250.2K | 0.1% |
3 Bedrooms | $335K | $361.6K | +8.0% |
4 Bedrooms | $524.2K | $480K | -8.4% |
5+ Bedrooms | $377.5K | $506.8K | +34.3% |
Summary: Southington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Cities
Plantsville | $294.6K | $361K | +22.5% |
Plainville | $245K | $275K | +12.2% |
Southington | $335K | $360K | +7.5% |
Housing Supply in Southington, CT
How many homes are available in Southington, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 88 | +1.1% |
Summary: The Southington real estate market had 88 homes for sale in March 2024, a 1.1% 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 | 20 | 19 | -5.0% |
3 Bedrooms | 37 | 41 | +10.8% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The Southington 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 decreased by 5%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Southington in March 2024, up by 33.3% month-over-month. Of the 28 sold homes, 18% were sold under asking, 11% were sold at asking, and 71% were sold over asking.
Days on Market for Southington, CT
We’re sorry, we don't have information for this market at the moment