Is East Haven, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Haven has remained a Seller's Market.
Key Takeaway
East Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Haven, CT
How much do homes in East Haven, CT cost?
Median Sold Price
$322,666
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in East Haven have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in East Haven was $322,666 in May 2024, up 9.4% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $105K | -3.7% |
| 2 Bedrooms | $217.7K | $242K | +11.1% |
| 3 Bedrooms | $315K | $340K | +7.9% |
| 4 Bedrooms | $337.5K | $350K | +3.7% |
| 5+ Bedrooms | $384.5K | $415K | +7.9% |
Summary: East Haven housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
| New Haven | $280K | $320.1K | +14.3% |
| Branford | $337.8K | $380K | +12.5% |
| North Branford | $370K | $408K | +10.3% |
| East Haven | $295K | $322.6K | +9.4% |
| North Haven | $391.1K | $415.2K | +6.2% |
Housing Supply in East Haven, CT
How many homes are available in East Haven, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 108 | 113 | +4.6% |
Summary: The East Haven real estate market had 113 homes for sale in May 2024, a 4.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 45 | 46 | +2.2% |
| 3 Bedrooms | 34 | 42 | +23.5% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The East Haven housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Haven, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in East Haven in May 2024, down by 7.4% month-over-month. Of the 25 sold homes, 32% were sold under asking, 8% were sold at asking, and 60% were sold over asking.
Days on Market for East Haven, CT
We’re sorry, we don't have information for this market at the moment
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