Is Canterbury, 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, Canterbury has remained a Seller's Market.
Key Takeaway
Canterbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canterbury, CT
How much do homes in Canterbury, CT cost?
Median Sold Price
$340,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Canterbury have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Canterbury was $340,000 in April 2024, up 4.9% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $245.3K | -9.1% |
| 3 Bedrooms | $340K | $372.2K | +9.5% |
| 4 Bedrooms | $435.2K | $362.5K | -16.7% |
| 5+ Bedrooms | $297.5K | $340K | +14.3% |
Summary: Canterbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
| Brooklyn | $318K | $390.9K | +22.9% |
| Plainfield | $280K | $295K | +5.4% |
| Canterbury | $324K | $340K | +4.9% |
| Baltic | $259.7K | $260K | 0.1% |
Housing Supply in Canterbury, CT
How many homes are available in Canterbury, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Summary: The Canterbury real estate market had 14 homes for sale in April 2024, a 75.0% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Canterbury 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 decreased by 33.3%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canterbury, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Canterbury in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Canterbury, CT
We’re sorry, we don't have information for this market at the moment
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