Is 06052, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06052 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 06052 has remained a Seller's Market.

Key Takeaway

06052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06052, CT

How much do homes in 06052, CT cost?

Median Sold Price

$369,750

$174/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,250(+5.5%)

Key Takeaway

Homes in 06052 have sold for 5.5% more than they did a month ago.

Summary: The median home sold price in 06052 was $369,750 in October 2024, up 5.5% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $390K$305K
-21.8%
4 $369.9K$350K
-5.4%
5+ $350.5K$407.2K
+16.2%

Summary: 06052 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 16.2%.

Housing Supply in 06052, CT

How many homes are available in 06052, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The 06052 real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 22
0.0%
3 57
+40.0%
4 87
-12.5%
5+ 107
-30.0%

Summary: The 06052 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06052, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 06052 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for 06052, 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 20 Days Ago

Newest Listings in 06052, CT

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