$4,334 Closing Credit*
$365,000
1,488 SqFt
4 Beds
•1 Full Bath
Deborah Burlingame, Listing Office: RE/MAX Bell Park Realty
Is 06062, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06062 has remained a Seller's Market.
Key Takeaway
06062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06062, CT
How much do homes in 06062, CT cost?
Median Sold Price
$320,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+20.8%)
Key Takeaway
Homes in 06062 have sold for 20.8% more than they did a year ago.
Summary: The median home sold price in 06062 was $320,000 in November 2024, up 20.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130.5K | $137K | +5.0% |
| 2 Bedrooms | $223.5K | $250K | +11.9% |
| 3 Bedrooms | $290K | $347.4K | +19.8% |
| 4 Bedrooms | $320K | $376.2K | +17.6% |
| 5+ Bedrooms | $340K | $407K | +19.7% |
Summary: 06062 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 06062, CT
How many homes are available in 06062, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 42 | -20.8% |
Summary: The 06062 real estate market had 42 homes for sale in November 2024, a 20.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 28 | 22 | -21.4% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 06062 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06062, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 06062 in November 2024, down by 25.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.
Days on Market for 06062, CT
We’re sorry, we don't have information for this market at the moment
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