Is 06460, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 06460 has remained a Seller's Market.
Housing Prices in 06460, CT
How much do homes in 06460, CT cost?
Median Sold Price
$435,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06460 was $435,000 in April 2024, up 3.8% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $231.5K | +12.9% |
2 Bedrooms | $311.8K | $335.5K | +7.6% |
3 Bedrooms | $450K | $455K | +1.1% |
4 Bedrooms | $552K | $602.5K | +9.1% |
5+ Bedrooms | $947.5K | $700K | -26.1% |
Summary: 06460 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 26.1%.
Housing Supply in 06460, CT
How many homes are available in 06460, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
130 | 138 | +6.2% |
Summary: The 06460 real estate market had 138 homes for sale in April 2024, a 6.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 26 | 24 | -7.7% |
3 Bedrooms | 59 | 59 | 0.0% |
4 Bedrooms | 26 | 29 | +11.5% |
5+ Bedrooms | 9 | 17 | +88.9% |
Summary: The 06460 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 88.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 06460 in April 2024, down by 3.6% month-over-month. Of the 27 sold homes, 37% were sold under asking, 15% were sold at asking, and 48% were sold over asking.
Days on Market for 06460, CT
We’re sorry, we don't have information for this market at the moment