Is 06235, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06235 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 06235 has remained a Seller's Market.

Key Takeaway

06235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06235, CT

How much do homes in 06235, CT cost?

Median Sold Price

$344,000

$264/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$89,500(-20.6%)

Key Takeaway

Homes in 06235 have sold for 20.6% less than they did a month ago.

Summary: The median home sold price in 06235 was $344,000 in October 2024, down 20.6% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $392K$353K
-9.9%
4 -$335K
N/A
5+ $475K-
N/A

Summary: 06235 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 06235, CT

How many homes are available in 06235, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74-42.9%

Summary: The 06235 real estate market had 4 homes for sale in October 2024, a 42.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The 06235 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06235, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 06235 in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 06235, 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 23 Days Ago

Newest Listings in 06235, CT

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