$2,255 Closing Credit*
$189,900
754 SqFt
1 Bed
•1 Full Bath
Epifanio Bernard, Listing Office: Premier Properties of CT
Is 06074, 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, 06074 has remained a Seller's Market.
Key Takeaway
06074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06074, CT
How much do homes in 06074, CT cost?
Median Sold Price
$404,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+13.3%)
Key Takeaway
Homes in 06074 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 06074 was $404,500 in October 2024, up 13.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $151.1K | $178K | +17.7% |
| 2 Bedrooms | $275K | $307.5K | +11.8% |
| 3 Bedrooms | $360K | $406K | +12.8% |
| 4 Bedrooms | $502K | $515K | +2.6% |
| 5+ Bedrooms | $490.7K | $650K | +32.4% |
Summary: 06074 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 32.4%.
Housing Supply in 06074, CT
How many homes are available in 06074, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 96 | 0.0% |
Summary: The 06074 real estate market had 96 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 06074 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06074, you could pay more than the asking price. 76% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 06074 in October 2024, down by 16.7% month-over-month. Of the 25 sold homes, 12% were sold under asking, 12% were sold at asking, and 76% were sold over asking.
Days on Market for 06074, CT
We’re sorry, we don't have information for this market at the moment
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