$6,947 Closing Credit*
$585,000
1,212 SqFt
2 Beds
•1 Full Bath
Nancy Mesham, Listing Office: Coldwell Banker Realty
Is 06371, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$620,000
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,625(+8.9%)
Key Takeaway
Homes in 06371 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 06371 was $620,000 in October 2024, up 8.9% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | $153K | -55.7% |
| 2 Bedrooms | $432.5K | $407.5K | -5.8% |
| 3 Bedrooms | $510.5K | $631.2K | +23.6% |
| 4 Bedrooms | $651K | $652.5K | 0.2% |
| 5+ Bedrooms | $980K | $715K | -27.0% |
Summary: 06371 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.7%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 23.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 70 | +22.8% |
Summary: The 06371 real estate market had 70 homes for sale in October 2024, a 22.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 15 | 24 | +60.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 06371 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 increased by 28.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06371, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 06371 in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% 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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