Is 06612, 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, 06612 has remained a Neutral Market.
Key Takeaway
06612 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 06612, CT
How much do homes in 06612, CT cost?
Median Sold Price
$915,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 06612 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 06612 was $915,000 in May 2024, up 8% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $780K | $630K | -19.2% |
| 3 Bedrooms | $715K | $751K | +5.0% |
| 4 Bedrooms | $845K | $977.3K | +15.7% |
| 5+ Bedrooms | $1.0M | $1.0M | -3.3% |
Summary: 06612 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in 06612, CT
How many homes are available in 06612, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The 06612 real estate market had 36 homes for sale in May 2024, a 5.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 06612 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06612, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 06612 in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 06612, CT
We’re sorry, we don't have information for this market at the moment
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