Is 06607, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 06607 was a Seller's Market.
Housing Prices in 06607, CT
How much do homes in 06607, CT cost?
Median Sold Price
$300,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06607 was $300,000 in May 2024, up 6.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37.1K | $42K | +13.0% |
2 Bedrooms | $54.9K | $102.5K | +86.4% |
3 Bedrooms | $172.5K | $280K | +62.3% |
4 Bedrooms | $282.5K | $333.5K | +18.1% |
5+ Bedrooms | $370K | $432.5K | +16.9% |
Summary: 06607 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 86.4%, 3 bedroom homes increased by 62.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 16.9%.
Housing Supply in 06607, CT
How many homes are available in 06607, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The 06607 real estate market had 21 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 06607 housing inventory by bedroom type for May 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 06607 in May 2024, down by 75.0% 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 06607, CT
We’re sorry, we don't have information for this market at the moment