Is 06119, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06119 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 06119 has remained a Seller's Market.

Key Takeaway

06119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06119, CT

How much do homes in 06119, CT cost?

Median Sold Price

$457,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,500(+17.3%)

Key Takeaway

Homes in 06119 have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in 06119 was $457,000 in November 2024, up 17.3% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$220K
+10.0%
2 $252.5K$270K
+6.9%
3 $377.5K$391.9K
+3.8%
4 $465K$551K
+18.5%
5+ $610K$630K
+3.3%

Summary: 06119 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

06117
+20.3%
06119
+17.3%
06107
+16.4%
06106
+15.4%
06105
-11.5%

Housing Supply in 06119, CT

How many homes are available in 06119, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3633-8.3%

Summary: The 06119 real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 97
-22.2%
3 810
+25.0%
4 87
-12.5%
5+ 84
-50.0%

Summary: The 06119 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06119, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 06119 in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.

Days on Market for 06119, 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 06119, CT

Nearby Markets to 06119, CT