$9,369 Closing Credit*
$789,000
3,609 SqFt
2 Beds
•3 Full Baths, 1 Partial
Kelly Conway, Listing Office: William Raveis Real Estate
Is 06107, 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, 06107 has remained a Seller's Market.
Key Takeaway
06107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06107, CT
How much do homes in 06107, CT cost?
Median Sold Price
$550,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+17.0%)
Key Takeaway
Homes in 06107 have sold for 17% more than they did a year ago.
Summary: The median home sold price in 06107 was $550,000 in October 2024, up 17% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.5K | $212.4K | +7.6% |
| 2 Bedrooms | $323K | $430K | +33.1% |
| 3 Bedrooms | $450K | $500K | +11.1% |
| 4 Bedrooms | $600K | $662.7K | +10.5% |
| 5+ Bedrooms | $788K | $780K | -1.0% |
Summary: 06107 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 1%.
Housing Supply in 06107, CT
How many homes are available in 06107, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 76 | +7.0% |
Summary: The 06107 real estate market had 76 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 06107 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06107, you could pay more than the asking price. 70.4% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in 06107 in October 2024, up by 22.7% month-over-month. Of the 27 sold homes, 15% were sold under asking, 15% were sold at asking, and 70% were sold over asking.
Days on Market for 06107, CT
We’re sorry, we don't have information for this market at the moment
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