Is 06033, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06033 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06033 has remained a Seller's Market.

Key Takeaway

06033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06033, CT

How much do homes in 06033, CT cost?

Median Sold Price

$504,962

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$64,295(+14.6%)

Key Takeaway

Homes in 06033 have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in 06033 was $504,962 in November 2024, up 14.6% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $156K$204K
+30.8%
2 $290K$324.9K
+12.0%
3 $405K$461.2K
+13.9%
4 $561K$627K
+11.8%
5+ $840K$846K
+0.7%

Summary: 06033 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

06073
+19.0%
06033
+14.6%
06118
+12.4%
06067
+8.7%
06109
+8.1%

Housing Supply in 06033, CT

How many homes are available in 06033, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76760.0%

Summary: The 06033 real estate market had 76 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 89
+12.5%
3 3433
-2.9%
4 2828
0.0%
5+ 45
+25.0%

Summary: The 06033 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2226+18.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06033, you could pay more than the asking price. 57.7% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 06033 in November 2024, up by 18.2% month-over-month. Of the 26 sold homes, 31% were sold under asking, 12% were sold at asking, and 58% were sold over asking.

Days on Market for 06033, 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 22 Days Ago

Newest Listings in 06033, CT

Nearby Markets to 06033, CT