$3,502 Closing Credit*
$294,900
1,469 SqFt
3 Beds
•1 Full Bath, 1 Partial
Danielle Goes-Pinto, Listing Office: Global Realty
Is 06016, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06016 was a Seller's Market.
Key Takeaway
06016 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06016, CT
How much do homes in 06016, CT cost?
Median Sold Price
$345,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,000(+3.6%)
Key Takeaway
Homes in 06016 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 06016 was $345,000 in October 2024, up 3.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $257.5K | +3.0% |
| 3 Bedrooms | $330K | $390K | +18.2% |
| 4 Bedrooms | $405K | $407.5K | +0.6% |
| 5+ Bedrooms | $410K | $410K | 0.0% |
Summary: 06016 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.
Housing Supply in 06016, CT
How many homes are available in 06016, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The 06016 real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 06016 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06016, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 06016 in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 06016, CT
We’re sorry, we don't have information for this market at the moment
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