Is 06110, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06110 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06110 was a Neutral Market.

Key Takeaway

06110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06110, CT

How much do homes in 06110, CT cost?

Median Sold Price

$340,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,089(+6.3%)

Key Takeaway

Homes in 06110 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 06110 was $340,000 in November 2024, up 6.3% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $157.2K$159K
+1.1%
2 $276.5K$316K
+14.3%
3 $336.8K$362.5K
+7.6%
4 $355K$405K
+14.1%
5+ $435.7K$516K
+18.4%

Summary: 06110 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 18.4%.

Median Sold Price Compared To Nearby Zip Codes

06119
+17.3%
06107
+16.4%
06106
+15.4%
06111
+7.9%
06110
+6.3%

Housing Supply in 06110, CT

How many homes are available in 06110, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3531-11.4%

Summary: The 06110 real estate market had 31 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 1616
0.0%
4 96
-33.3%
5+ 12
+100.0%

Summary: The 06110 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 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06110, you could pay more than the asking price. 91.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 06110 in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% were sold over asking.

Days on Market for 06110, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 06110, CT

Nearby Markets to 06110, CT