$99,900
28.00 Acres
Land
Maria Gandy-Winslow, Listing Office: New England Homes & Fine Properties, LLC
Is 06278, 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, 06278 has remained a Seller'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
$338,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+2.4%)
Key Takeaway
Homes in 06278 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 06278 was $338,000 in November 2024, up 2.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $275K | $320K | +16.4% |
| 3 Bedrooms | $337.5K | $336K | -0.4% |
| 4 Bedrooms | $469.9K | $475K | +1.1% |
| 5+ Bedrooms | $367.5K | $315K | -14.3% |
Summary: 06278 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.4%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 1.1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The 06278 real estate market had 11 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 06278 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06278, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06278 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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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