$7,718 Closing Credit*
$649,900
3,346 SqFt
3 Beds
•2 Full Baths
Vickie Allen, Listing Office: Coldwell Banker Realty
Is 06071, 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, 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
$427,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+8.1%)
Key Takeaway
Homes in 06071 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 06071 was $427,000 in November 2024, up 8.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $400K | $375K | -6.3% |
| 3 Bedrooms | $374K | $415.5K | +11.1% |
| 4 Bedrooms | $480K | $515K | +7.3% |
| 5+ Bedrooms | $517.5K | $550K | +6.3% |
Summary: 06071 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 06071, CT
How many homes are available in 06071, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 32 | -13.5% |
Summary: The 06071 real estate market had 32 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 06071 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06071, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 06071 in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for 06071, CT
How long does it take to sell a home in 06071, CT?
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 November 2024, 9 homes were sold in 06071; 11% 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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