$99,000
2.20 Acres
Land
Lisa Therecka, Listing Office: Therecka & Associates LLC
Is 06234, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06234 has remained a Seller's Market.
Key Takeaway
06234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06234, CT
How much do homes in 06234, CT cost?
Median Sold Price
$379,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+8.6%)
Key Takeaway
Homes in 06234 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 06234 was $379,000 in November 2024, up 8.6% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $246K | $165K | -32.9% |
| 2 Bedrooms | $294K | $325K | +10.5% |
| 3 Bedrooms | $370K | $385K | +4.1% |
| 4 Bedrooms | $378.7K | $462.5K | +22.1% |
| 5+ Bedrooms | $332K | $299.9K | -9.7% |
Summary: 06234 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.9%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 06234, CT
How many homes are available in 06234, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 34 | +6.3% |
Summary: The 06234 real estate market had 34 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 06234 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 remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06234, 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 06234 in November 2024, up by 37.5% 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 06234, CT
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 06234 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 06234; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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