$2,255 Closing Credit*
$189,900
754 SqFt
1 Bed
•1 Full Bath
Matthew Campo, Listing Office: Realty One Group Cutting Edge
Is 06074, 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, 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
$400,500
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,500(+9.7%)
Key Takeaway
Homes in 06074 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 06074 was $400,500 in November 2024, up 9.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $180K | +14.3% |
| 2 Bedrooms | $281.5K | $313K | +11.2% |
| 3 Bedrooms | $365K | $402.5K | +10.3% |
| 4 Bedrooms | $520K | $515K | -1.0% |
| 5+ Bedrooms | $585K | $660K | +12.8% |
Summary: 06074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 12.8%.
Housing Supply in 06074, CT
How many homes are available in 06074, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 83 | -17.8% |
Summary: The 06074 real estate market had 83 homes for sale in November 2024, a 17.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 28 | 22 | -21.4% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 22 | 16 | -27.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 06074 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 decreased by 21.4%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 33 | +22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06074, you could pay more than the asking price. 60.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 06074 in November 2024, up by 22.2% month-over-month. Of the 33 sold homes, 27% were sold under asking, 12% were sold at asking, and 61% 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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