$9,441 Closing Credit*
$795,000
384 SqFt
1 Bed
•1 Full Bath
Angela Ruel, Listing Office: Berkshire Hathaway NE Prop.
Is 06371, 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, 06371 has remained a Seller's Market.
Key Takeaway
06371 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06371, CT
How much do homes in 06371, CT cost?
Median Sold Price
$615,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,250(+8.1%)
Key Takeaway
Homes in 06371 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 06371 was $615,000 in November 2024, up 8.1% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | - | N/A |
| 2 Bedrooms | $430K | $415K | -3.5% |
| 3 Bedrooms | $525.2K | $627.5K | +19.5% |
| 4 Bedrooms | $651K | $652.5K | 0.2% |
| 5+ Bedrooms | $980K | $715K | -27.0% |
Summary: 06371 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 decreased by 3.5%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 27%.
Housing Supply in 06371, CT
How many homes are available in 06371, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 60 | -11.8% |
Summary: The 06371 real estate market had 60 homes for sale in November 2024, a 11.8% decrease 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 | 9 | 9 | 0.0% |
| 3 Bedrooms | 27 | 17 | -37.0% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 06371 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 37%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06371, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 06371 in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for 06371, CT
We’re sorry, we don't have information for this market at the moment
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