Is The Hollow, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Hollow is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, The Hollow was a Neutral Market.

Key Takeaway

The Hollow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Hollow, CT

How much do homes in The Hollow, CT cost?

Median Sold Price

$500,000

$150/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$30,000(+6.4%)

Key Takeaway

Homes in The Hollow have sold for 6.4% more than they did a month ago.

Summary: The median home sold price in The Hollow was $500,000 in April 2024, up 6.4% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$370K
N/A
4 --
N/A
5+ $470K$505K
+7.4%

Summary: The Hollow housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.4%.

Housing Supply in The Hollow, CT

How many homes are available in The Hollow, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The The Hollow real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 01
+100.0%
5+ 65
-16.7%

Summary: The The Hollow 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Hollow, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in The Hollow in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for The Hollow, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in The Hollow, CT

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