Is North Granby, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Granby was a Seller's Market.
Key Takeaway
North Granby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Granby, CT
How much do homes in North Granby, CT cost?
Median Sold Price
$545,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Granby have sold for 20.4% more than they did a year ago.
Summary: The median home sold price in North Granby was $545,000 in May 2024, up 20.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $200K | -42.9% |
| 3 Bedrooms | $424.5K | $465K | +9.5% |
| 4 Bedrooms | $490K | $569.5K | +16.2% |
| 5+ Bedrooms | $564.4K | $655K | +16.0% |
Summary: North Granby 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 decreased by 42.9%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Cities
| North Granby | $452.5K | $545K | +20.4% |
| West Granby | $545K | $584.9K | +7.3% |
| Granby | $405K | $396K | -2.2% |
Housing Supply in North Granby, CT
How many homes are available in North Granby, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Summary: The North Granby real estate market had 12 homes for sale in May 2024, a 50.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North Granby 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Granby, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in North Granby in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Granby, CT
We’re sorry, we don't have information for this market at the moment
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