$4,513 Closing Credit*
$380,000
2,325 SqFt
3 Beds
•2 Full Baths
Jody Smaglis, Listing Office: Coldwell Banker Realty
Is 06042, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 06042 has remained a Seller's Market.
Key Takeaway
06042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06042, CT
How much do homes in 06042, CT cost?
Median Sold Price
$299,700
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,700(+9.0%)
Key Takeaway
Homes in 06042 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 06042 was $299,700 in October 2024, up 9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $138K | +10.4% |
| 2 Bedrooms | $225K | $230K | +2.2% |
| 3 Bedrooms | $279K | $315K | +12.9% |
| 4 Bedrooms | $352.9K | $350K | -0.8% |
| 5+ Bedrooms | $287.4K | $440K | +53.1% |
Summary: 06042 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 53.1%.
Housing Supply in 06042, CT
How many homes are available in 06042, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 63 | -16.0% |
Summary: The 06042 real estate market had 63 homes for sale in October 2024, a 16.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 33 | 29 | -12.1% |
| 4 Bedrooms | 20 | 11 | -45.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 06042 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 45%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06042, you could pay more than the asking price. 88.9% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06042 in October 2024, down by 28.0% month-over-month. Of the 18 sold homes, 6% were sold under asking, 6% were sold at asking, and 89% were sold over asking.
Days on Market for 06042, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.