Is 06108, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 06108 has remained a Seller's Market.
Housing Prices in 06108, CT
How much do homes in 06108, CT cost?
Median Sold Price
$265,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06108 was $265,000 in May 2024, up 8.2% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.9K | $90.2K | -9.7% |
2 Bedrooms | $210K | $225K | +7.1% |
3 Bedrooms | $246K | $265K | +7.7% |
4 Bedrooms | $260.5K | $290K | +11.3% |
5+ Bedrooms | $275K | $337.5K | +22.7% |
Summary: 06108 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 22.7%.
Housing Supply in 06108, CT
How many homes are available in 06108, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 52 | 0.0% |
Summary: The 06108 real estate market had 52 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 24 | 22 | -8.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 06108 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 06108 in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 06108, CT
We’re sorry, we don't have information for this market at the moment