Is East Haddam, 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 Haddam has remained a Seller's Market.
Housing Prices in East Haddam, CT
How much do homes in East Haddam, CT cost?
Median Sold Price
$367,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Haddam was $367,000 in May 2024, up 11.2% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137K | $152K | +10.9% |
2 Bedrooms | $246.5K | $273.5K | +11.0% |
3 Bedrooms | $357.5K | $390K | +9.1% |
4 Bedrooms | $435K | $475K | +9.2% |
5+ Bedrooms | $399.9K | $221K | -44.7% |
Summary: East Haddam housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 44.7%.
Median Sold Price Compared To Nearby Cities
Haddam | $392.5K | $467.5K | +19.1% |
Colchester | $350.6K | $400K | +14.1% |
East Haddam | $330K | $367K | +11.2% |
East Hampton | $345.5K | $360K | +4.2% |
Moodus | $302.5K | $282.5K | -6.6% |
Housing Supply in East Haddam, CT
How many homes are available in East Haddam, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 54 | +25.6% |
Summary: The East Haddam real estate market had 54 homes for sale in May 2024, a 25.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Haddam housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 17 | +325.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in East Haddam in May 2024, up by 325.0% month-over-month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% were sold over asking.
Days on Market for East Haddam, CT
We’re sorry, we don't have information for this market at the moment