Is 06759, 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, 06759 has remained a Buyer's Market.
Key Takeaway
06759 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06759, CT
How much do homes in 06759, CT cost?
Median Sold Price
$509,975
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 06759 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 06759 was $509,975 in May 2024, up 10.9% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $376K | +17.5% |
| 3 Bedrooms | $460K | $496.2K | +7.9% |
| 4 Bedrooms | $535K | $667.5K | +24.8% |
| 5+ Bedrooms | $1.0M | $1.1M | +4.5% |
Summary: 06759 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 increased by 17.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Zip Codes
| 06763 | $400K | $525K | +31.3% |
| 06759 | $460K | $509.9K | +10.9% |
| 06756 | $550.5K | $565K | +2.6% |
Housing Supply in 06759, CT
How many homes are available in 06759, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 32 | +14.3% |
Summary: The 06759 real estate market had 32 homes for sale in May 2024, a 14.3% increase 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 | 0 | -100.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 06759 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 decreased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06759, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 06759 in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06759, CT
We’re sorry, we don't have information for this market at the moment
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