Is Washington, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Washington was a Buyer's Market.

Key Takeaway

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

Housing Prices in Washington, CT

How much do homes in Washington, CT cost?

Median Sold Price

$1,025,000

$555/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$530,000(+107.1%)

Key Takeaway

Homes in Washington have sold for 107.1% more than they did a month ago.

Summary: The median home sold price in Washington was $1,025,000 in April 2024, up 107.1% from last month, and the median price per square foot was $555.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$700K
N/A
2 -$1.0M
N/A
3 $495K$1.1M
+122.2%
4 -$1.1M
N/A
5+ --
N/A

Summary: Washington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 122.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Preston Marble Dale
+114.3%
Washington
+107.1%

Housing Supply in Washington, CT

How many homes are available in Washington, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3640+11.1%

Summary: The Washington real estate market had 40 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 1316
+23.1%
4 77
0.0%
5+ 88
0.0%

Summary: The Washington 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 increased by 14.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Washington in April 2024, up by 600.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Washington, 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 Washington, CT

Nearby Markets to Washington, CT

What housing markets are near Washington, CT?