Is 06708, 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, 06708 has remained a Seller's Market.
Housing Prices in 06708, CT
How much do homes in 06708, CT cost?
Median Sold Price
$270,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06708 was $270,000 in April 2024, up 14.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77K | $160K | +107.8% |
2 Bedrooms | $172K | $205K | +19.2% |
3 Bedrooms | $260K | $280K | +7.7% |
4 Bedrooms | $265K | $330K | +24.5% |
5+ Bedrooms | $303.5K | $340K | +12.0% |
Summary: 06708 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 107.8%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 12%.
Housing Supply in 06708, CT
How many homes are available in 06708, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
108 | 101 | -6.5% |
Summary: The 06708 real estate market had 101 homes for sale in April 2024, a 6.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 55 | 48 | -12.7% |
4 Bedrooms | 18 | 14 | -22.2% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 06708 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 increased by 8%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 06708 in April 2024, up by 11.5% month-over-month. Of the 29 sold homes, 28% were sold under asking, 3% were sold at asking, and 69% were sold over asking.
Days on Market for 06708, CT
We’re sorry, we don't have information for this market at the moment