$2,731 Closing Credit*
$230,000
1,472 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jayson Kemp, Listing Office: Five Stars Realty
Is 06114, 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, 06114 was a Seller's Market.
Key Takeaway
06114 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06114, CT
How much do homes in 06114, CT cost?
Median Sold Price
$310,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+24.0%)
Key Takeaway
Homes in 06114 have sold for 24% more than they did a year ago.
Summary: The median home sold price in 06114 was $310,000 in November 2024, up 24% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $60K | +9.1% |
| 2 Bedrooms | $113.5K | $138K | +21.6% |
| 3 Bedrooms | $230K | $280K | +21.7% |
| 4 Bedrooms | $281K | $295K | +5.0% |
| 5+ Bedrooms | $325K | $380K | +16.9% |
Summary: 06114 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 16.9%.
Housing Supply in 06114, CT
How many homes are available in 06114, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Summary: The 06114 real estate market had 47 homes for sale in November 2024, a 9.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The 06114 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06114, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 06114 in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06114, CT
We’re sorry, we don't have information for this market at the moment
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