Is Sharon, 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, Sharon was a Seller's Market.
Key Takeaway
Sharon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sharon, CT
How much do homes in Sharon, CT cost?
Median Sold Price
$622,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Sharon has remained the same since last year.
Summary: The median home sold price in Sharon was $622,500 in May 2024, up 0.4% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | - | N/A |
| 2 Bedrooms | $402.5K | $320K | -20.5% |
| 3 Bedrooms | $620K | $622.5K | 0.4% |
| 4 Bedrooms | $1.1M | $865.5K | -23.6% |
| 5+ Bedrooms | $1.8M | $1.8M | +4.2% |
Summary: Sharon 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 20.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Falls Village | $619.1K | $714.5K | +15.4% |
| Cornwall Bridge | $495K | $507.5K | +2.5% |
| Sharon | $620K | $622.5K | 0.4% |
Housing Supply in Sharon, CT
How many homes are available in Sharon, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The Sharon real estate market had 25 homes for sale in May 2024, a 19.0% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Sharon 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 remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sharon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sharon in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sharon, CT
We’re sorry, we don't have information for this market at the moment
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