$3,443 Closing Credit*
$289,900
1,762 SqFt
4 Beds
•1 Full Bath
Wendy Kudej, 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 November 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
$342,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,500(+19.8%)
Key Takeaway
Homes in 06418 have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in 06418 was $342,000 in November 2024, up 19.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.9K | - | N/A |
| 2 Bedrooms | $255K | $277K | +8.6% |
| 3 Bedrooms | $307.5K | $350K | +13.8% |
| 4 Bedrooms | $330K | $420K | +27.3% |
| 5+ Bedrooms | $388.5K | $410K | +5.5% |
Summary: 06418 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 8.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 06418, CT
How many homes are available in 06418, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 41 | -18.0% |
Summary: The 06418 real estate market had 41 homes for sale in November 2024, a 18.0% 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 | 14 | 14 | 0.0% |
| 3 Bedrooms | 16 | 10 | -37.5% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The 06418 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 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06418, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 06418 in November 2024, up by 23.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% 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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