Is 06907, 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, 06907 has remained a Seller's Market.
Housing Prices in 06907, CT
How much do homes in 06907, CT cost?
Median Sold Price
$587,500
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 06907 was $587,500 in May 2024, up 6.3% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $230K | +17.9% |
2 Bedrooms | $420K | $478K | +13.8% |
3 Bedrooms | $593K | $630K | +6.2% |
4 Bedrooms | $750.5K | $815K | +8.6% |
5+ Bedrooms | $850K | $1.0M | +18.8% |
Summary: 06907 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in 06907, CT
How many homes are available in 06907, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Summary: The 06907 real estate market had 32 homes for sale in May 2024, a 28.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 06907 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 06907 in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06907, CT
We’re sorry, we don't have information for this market at the moment