$10,000 Closing Credit*
$1,500,000
2,157 SqFt
4 Beds
•2 Full Baths
Tom Cavaliere, Listing Office: Coldwell Banker Realty
Is 06403, 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, 06403 has remained a Seller's Market.
Key Takeaway
06403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06403, CT
How much do homes in 06403, CT cost?
Median Sold Price
$402,500
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,500(+23.8%)
Key Takeaway
Homes in 06403 have sold for 23.8% more than they did a year ago.
Summary: The median home sold price in 06403 was $402,500 in November 2024, up 23.8% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $91.7K | +66.8% |
| 2 Bedrooms | $263K | $300K | +14.1% |
| 3 Bedrooms | $350K | $408K | +16.6% |
| 4 Bedrooms | $488.5K | $470K | -3.8% |
| 5+ Bedrooms | $783K | $440K | -43.8% |
Summary: 06403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.8%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 43.8%.
Housing Supply in 06403, CT
How many homes are available in 06403, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Summary: The 06403 real estate market had 16 homes for sale in November 2024, a 30.4% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 06403 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 decreased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06403, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 06403 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 06403, CT
We’re sorry, we don't have information for this market at the moment
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