$4,097 Closing Credit*
$345,000
1,294 SqFt
4 Beds
•1 Full Bath, 1 Partial
Ophelia Jagdat, Listing Office: Berkshire Hathaway NE Prop.
Is 06088, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06088 was a Seller's Market.
Key Takeaway
06088 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06088, CT
How much do homes in 06088, CT cost?
Median Sold Price
$255,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,500(+2.2%)
Key Takeaway
Homes in 06088 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 06088 was $255,500 in October 2024, up 2.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $43K | +7.5% |
| 2 Bedrooms | $222.5K | $243.5K | +9.4% |
| 3 Bedrooms | $268K | $270K | +0.7% |
| 4 Bedrooms | $280K | $393K | +40.4% |
| 5+ Bedrooms | $357.5K | $335K | -6.3% |
Summary: 06088 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 40.4%, and 5+ bedroom homes decreased by 6.3%.
Housing Supply in 06088, CT
How many homes are available in 06088, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The 06088 real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 06088 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06088, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06088 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06088, CT
We’re sorry, we don't have information for this market at the moment
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