Is Washington Depot, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Depot is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Washington Depot was a Seller's Market.

Key Takeaway

Washington Depot is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Washington Depot, CT

How much do homes in Washington Depot, CT cost?

Median Sold Price

$1,995,000

$548/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$277,500(-12.2%)

Key Takeaway

Homes in Washington Depot have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in Washington Depot was $1,995,000 in February 2024, down 12.2% from last month, and the median price per square foot was $548.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $1.1M$1.9M
+70.5%
3 --
N/A
4 $3.3M-
N/A
5+ --
N/A

Summary: Washington Depot housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 70.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Washington Depot, CT

How many homes are available in Washington Depot, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
78+14.3%

Summary: The Washington Depot real estate market had 8 homes for sale in February 2024, a 14.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 33
0.0%
3 13
+200.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Washington Depot housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Depot, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Depot in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washington Depot, 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 27 Days Ago

Newest Listings in Washington Depot, CT

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