$2,611 Closing Credit*
$219,900
1,340 SqFt
3 Beds
•1 Full Bath, 1 Partial
Sam Cantone, Listing Office: Cantone Real Estate
Is 06111, 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, 06111 has remained a Seller's Market.
Key Takeaway
06111 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06111, CT
How much do homes in 06111, CT cost?
Median Sold Price
$325,412
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,995(+8.0%)
Key Takeaway
Homes in 06111 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 06111 was $325,412 in October 2024, up 8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146K | $157.8K | +8.1% |
| 2 Bedrooms | $240K | $261.5K | +9.0% |
| 3 Bedrooms | $312.5K | $350K | +12.0% |
| 4 Bedrooms | $370K | $412.5K | +11.5% |
| 5+ Bedrooms | $412.5K | $500K | +21.2% |
Summary: 06111 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 21.2%.
Housing Supply in 06111, CT
How many homes are available in 06111, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 101 | -5.6% |
Summary: The 06111 real estate market had 101 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 6 | +200.0% |
| 2 Bedrooms | 33 | 27 | -18.2% |
| 3 Bedrooms | 50 | 53 | +6.0% |
| 4 Bedrooms | 21 | 13 | -38.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 06111 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 35 | -22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06111, you could pay more than the asking price. 74.3% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in 06111 in October 2024, down by 22.2% month-over-month. Of the 35 sold homes, 23% were sold under asking, 3% were sold at asking, and 74% were sold over asking.
Days on Market for 06111, CT
We’re sorry, we don't have information for this market at the moment
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