$3,503 Closing Credit*
$295,000
1,260 SqFt
2 Beds
•1 Full Bath, 1 Partial
Marilyn Derosa, Listing Office: Coldwell Banker Realty
Is 06418, 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, 06418 has remained a Seller's Market.
Key Takeaway
06418 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06418, CT
How much do homes in 06418, CT cost?
Median Sold Price
$345,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+23.2%)
Key Takeaway
Homes in 06418 have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in 06418 was $345,000 in October 2024, up 23.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.9K | - | N/A |
| 2 Bedrooms | $254K | $279K | +9.8% |
| 3 Bedrooms | $300K | $359K | +19.7% |
| 4 Bedrooms | $330K | $422.5K | +28.0% |
| 5+ Bedrooms | $360K | $423.7K | +17.7% |
Summary: 06418 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in 06418, CT
How many homes are available in 06418, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The 06418 real estate market had 48 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 06418 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 40%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06418, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 06418 in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for 06418, CT
We’re sorry, we don't have information for this market at the moment
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