Is Cos Cob, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cos Cob is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Cos Cob was a Buyer's Market.

Key Takeaway

Cos Cob is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cos Cob, CT

How much do homes in Cos Cob, CT cost?

Median Sold Price

$1,645,000

$547/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$395,000(+31.6%)

Key Takeaway

Homes in Cos Cob have sold for 31.6% more than they did a year ago.

Summary: The median home sold price in Cos Cob was $1,645,000 in April 2024, up 31.6% from last year, and the median price per square foot was $547.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $267K-
N/A
2 $719K$772.5K
+7.4%
3 $1.0M$1.4M
+38.7%
4 $1.6M$1.7M
+3.2%
5+ $1.3M$2.5M
+89.5%

Summary: Cos Cob 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 increased by 7.4%, 3 bedroom homes increased by 38.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 89.5%.

Median Sold Price Compared To Nearby Cities

Old Greenwich
+35.3%
Cos Cob
+31.6%
Greenwich
+7.3%
Stamford
+3.1%
Riverside
-2.3%

Housing Supply in Cos Cob, CT

How many homes are available in Cos Cob, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1915-21.1%

Summary: The Cos Cob real estate market had 15 homes for sale in April 2024, a 21.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 40
-100.0%
3 22
0.0%
4 78
+14.3%
5+ 54
-20.0%

Summary: The Cos Cob 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cos Cob, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Cos Cob in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Cos Cob, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Cos Cob, CT

Nearby Markets to Cos Cob, CT

What housing markets are near Cos Cob, CT?