Is Woodbridge, 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, Woodbridge has remained a Seller's Market.
Housing Prices in Woodbridge, CT
How much do homes in Woodbridge, CT cost?
Median Sold Price
$664,250
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodbridge was $664,250 in May 2024, up 9.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $305K | $414.5K | +35.9% |
3 Bedrooms | $448K | $535K | +19.4% |
4 Bedrooms | $681K | $754K | +10.7% |
5+ Bedrooms | $795K | $915K | +15.1% |
Summary: Woodbridge 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 increased by 35.9%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in Woodbridge, CT
How many homes are available in Woodbridge, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 51 | +30.8% |
Summary: The Woodbridge real estate market had 51 homes for sale in May 2024, a 30.8% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 8 | 18 | +125.0% |
4 Bedrooms | 22 | 21 | -4.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Woodbridge 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 increased by 100%, 3 bedroom homes increased by 125%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Woodbridge in May 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Woodbridge, CT
We’re sorry, we don't have information for this market at the moment