Is Woodmont, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Woodmont was a Seller's Market.
Key Takeaway
Woodmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodmont, CT
How much do homes in Woodmont, CT cost?
Median Sold Price
$296,000
$411/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Woodmont have sold for 67.3% less than they did a month ago.
Summary: The median home sold price in Woodmont was $296,000 in April 2024, down 67.3% from last month, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $525K | $296K | -43.6% |
| 4 Bedrooms | $1.2M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Woodmont 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 decreased by 43.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Woodmont, CT
How many homes are available in Woodmont, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Woodmont real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Woodmont 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 decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Woodmont, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Woodmont in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Woodmont, CT
We’re sorry, we don't have information for this market at the moment
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