Is 06824, 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, 06824 has remained a Seller's Market.
Housing Prices in 06824, CT
How much do homes in 06824, CT cost?
Median Sold Price
$985,000
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 06824 was $985,000 in April 2024, up 10.1% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $316K | $425K | +34.5% |
2 Bedrooms | $472.5K | $575K | +21.7% |
3 Bedrooms | $725K | $742K | +2.3% |
4 Bedrooms | $1.1M | $1.2M | +4.3% |
5+ Bedrooms | $1.5M | $1.8M | +20.2% |
Summary: 06824 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.5%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 20.2%.
Housing Supply in 06824, CT
How many homes are available in 06824, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 | 162 | +35.0% |
Summary: The 06824 real estate market had 162 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 27 | 45 | +66.7% |
4 Bedrooms | 47 | 62 | +31.9% |
5+ Bedrooms | 37 | 45 | +21.6% |
Summary: The 06824 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 11.1%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes increased by 21.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 30 | +30.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 06824 in April 2024, up by 30.4% month-over-month. Of the 30 sold homes, 23% were sold under asking, 27% were sold at asking, and 50% were sold over asking.
Days on Market for 06824, CT
We’re sorry, we don't have information for this market at the moment