$4,311 Closing Credit*
$363,000
1,662 SqFt
3 Beds
•2 Full Baths
Danielle Pellerin, Listing Office: PMI East Lyme
Is 06375, 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, 06375 has remained a Seller's Market.
Key Takeaway
06375 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06375, CT
How much do homes in 06375, CT cost?
Median Sold Price
$351,750
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,750(+5.0%)
Key Takeaway
Homes in 06375 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 06375 was $351,750 in November 2024, up 5% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197.4K | - | N/A |
| 2 Bedrooms | $225K | $286K | +27.1% |
| 3 Bedrooms | $360K | $340K | -5.6% |
| 4 Bedrooms | $360K | $442.5K | +22.9% |
| 5+ Bedrooms | $302K | $440K | +45.7% |
Summary: 06375 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 27.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 45.7%.
Housing Supply in 06375, CT
How many homes are available in 06375, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The 06375 real estate market had 7 homes for sale in November 2024, a 36.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 06375 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 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
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 06375, 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 06375 in November 2024, down by 50.0% 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 06375, CT
We’re sorry, we don't have information for this market at the moment
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