$3,739 Closing Credit*
$314,900
1,752 SqFt
4 Beds
•2 Full Baths
Miguel Castellon, Listing Office: ERA Blanchard & Rossetto
Is 06088, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 06088 was a Neutral Market.
Key Takeaway
06088 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06088, CT
How much do homes in 06088, CT cost?
Median Sold Price
$262,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+5.0%)
Key Takeaway
Homes in 06088 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 06088 was $262,500 in November 2024, up 5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | $43K | +7.5% |
| 2 Bedrooms | $222.5K | $250K | +12.4% |
| 3 Bedrooms | $267.8K | $289.9K | +8.3% |
| 4 Bedrooms | $280K | $401.5K | +43.4% |
| 5+ Bedrooms | $357.5K | $335K | -6.3% |
Summary: 06088 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 43.4%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Summary: The 06088 real estate market had 22 homes for sale in November 2024, a 37.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 06088 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 increased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 8 | +700.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06088, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 06088 in November 2024, up by 700.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% 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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