$8,609 Closing Credit*
$725,000
2,800 SqFt
4 Beds
•2 Full Baths, 1 Partial
Brielle Browne, Listing Office: William Pitt Sotheby's Int'l
Is 06071, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 06071 has remained a Seller's Market.
Key Takeaway
06071 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06071, CT
How much do homes in 06071, CT cost?
Median Sold Price
$425,500
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$500(+0.1%)
Key Takeaway
The sold price of homes in 06071 has remained the same since last year.
Summary: The median home sold price in 06071 was $425,500 in December 2024, up 0.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $405K | $394.5K | -2.6% |
| 3 Bedrooms | $378.5K | $411K | +8.6% |
| 4 Bedrooms | $520K | $520K | 0.0% |
| 5+ Bedrooms | $500K | $675K | +35.0% |
Summary: 06071 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 35%.
Housing Supply in 06071, CT
How many homes are available in 06071, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The 06071 real estate market had 27 homes for sale in December 2024, a 12.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 06071 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06071, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 06071 in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 06071, CT
How long does it take to sell a home in 06071, CT?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 78 Days | 19 Days | -75.6% |
Summary: Homes in 06071 had an average of 19 days on market in Dec 2024, down by 75.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 06071 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in 06071; 13% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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