$5,878 Closing Credit*
$495,000
1,733 SqFt
3 Beds
•2 Full Baths, 1 Partial
Paula Fahy Ostop, 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 November 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
$553,500
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$78,000(+16.4%)
Key Takeaway
Homes in 06107 have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in 06107 was $553,500 in November 2024, up 16.4% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.5K | $212.4K | +7.6% |
| 2 Bedrooms | $338K | $430K | +27.2% |
| 3 Bedrooms | $452K | $500K | +10.6% |
| 4 Bedrooms | $600K | $673K | +12.2% |
| 5+ Bedrooms | $822.5K | $777.5K | -5.5% |
Summary: 06107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in 06107, CT
How many homes are available in 06107, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 70 | -10.3% |
Summary: The 06107 real estate market had 70 homes for sale in November 2024, a 10.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 31 | 23 | -25.8% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 06107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 23 | -14.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06107, you could pay more than the asking price. 73.9% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in 06107 in November 2024, down by 14.8% month-over-month. Of the 23 sold homes, 17% were sold under asking, 9% were sold at asking, and 74% 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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