$3,681 Closing Credit*
$310,000
2,310 SqFt
3 Beds
•1 Full Bath, 2 Partial
David Sheridan, Listing Office: Barile Realty Group
Is 06278, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06278 was a Buyer's Market.
Key Takeaway
06278 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06278, CT
How much do homes in 06278, CT cost?
Median Sold Price
$335,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.9%)
Key Takeaway
Homes in 06278 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 06278 was $335,000 in October 2024, down 2.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $280K | $315K | +12.5% |
| 3 Bedrooms | $337.5K | $336K | -0.4% |
| 4 Bedrooms | $442K | $431K | -2.5% |
| 5+ Bedrooms | $367.5K | $315K | -14.3% |
Summary: 06278 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 decreased by 0.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 14.3%.
Housing Supply in 06278, CT
How many homes are available in 06278, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The 06278 real estate market had 16 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 06278 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06278, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 06278 in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 06278, CT
We’re sorry, we don't have information for this market at the moment
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