Is 06010, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06010 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 06010 has remained a Seller's Market.

Key Takeaway

06010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06010, CT

How much do homes in 06010, CT cost?

Median Sold Price

$300,833

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,933(+9.4%)

Key Takeaway

Homes in 06010 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 06010 was $300,833 in October 2024, up 9.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $111.9K$145.5K
+30.0%
2 $200K$211K
+5.5%
3 $286K$315K
+10.1%
4 $325K$330K
+1.5%
5+ $325K$360K
+10.8%

Summary: 06010 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

06085
+20.0%
06062
+17.7%
06786
+11.1%
06010
+9.4%
06013
-4.5%

Housing Supply in 06010, CT

How many homes are available in 06010, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
226233+3.1%

Summary: The 06010 real estate market had 233 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 4856
+16.7%
3 99101
+2.0%
4 5453
-1.9%
5+ 1816
-11.1%

Summary: The 06010 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6279+27.4%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

53 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06010, you could pay more than the asking price. 67.1% of homes here sold above asking price last month.

Summary: A total of 79 homes were sold or pending in 06010 in October 2024, up by 27.4% month-over-month. Of the 79 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% were sold over asking.

Days on Market for 06010, 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 21 Days Ago

Newest Listings in 06010, CT

Nearby Markets to 06010, CT