$4,928 Closing Credit*
$415,000
2,017 SqFt
2 Beds
•2 Full Baths, 1 Partial
Lauren Iraeta, Listing Office: KW Legacy Partners
Is 06117, 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, 06117 has remained a Seller's Market.
Key Takeaway
06117 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06117, CT
How much do homes in 06117, CT cost?
Median Sold Price
$524,950
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$74,950(+16.7%)
Key Takeaway
Homes in 06117 have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in 06117 was $524,950 in October 2024, up 16.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $321K | $361K | +12.5% |
| 3 Bedrooms | $407.5K | $465K | +14.1% |
| 4 Bedrooms | $615K | $623.8K | +1.4% |
| 5+ Bedrooms | $790K | $940K | +19.0% |
Summary: 06117 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 19%.
Housing Supply in 06117, CT
How many homes are available in 06117, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 48 | +20.0% |
Summary: The 06117 real estate market had 48 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 06117 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06117, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 06117 in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for 06117, CT
We’re sorry, we don't have information for this market at the moment
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