$7,113 Closing Credit*
$599,000
1,725 SqFt
2 Beds
•2 Full Baths, 1 Partial
Dan Ferriouolo, Listing Office: William Raveis Real Estate
Is 06437, 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, 06437 has remained a Seller's Market.
Key Takeaway
06437 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06437, CT
How much do homes in 06437, CT cost?
Median Sold Price
$583,489
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,489(+5.1%)
Key Takeaway
Homes in 06437 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 06437 was $583,489 in October 2024, up 5.1% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $225K | +21.6% |
| 2 Bedrooms | $427K | $507.7K | +18.9% |
| 3 Bedrooms | $505K | $556.5K | +10.2% |
| 4 Bedrooms | $661K | $680K | +2.9% |
| 5+ Bedrooms | $829.3K | $937K | +13.0% |
Summary: 06437 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 13%.
Housing Supply in 06437, CT
How many homes are available in 06437, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 108 | -10.7% |
Summary: The 06437 real estate market had 108 homes for sale in October 2024, a 10.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 44 | 37 | -15.9% |
| 4 Bedrooms | 37 | 32 | -13.5% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 06437 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.9%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06437, you could pay more than the asking price. 44.1% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 06437 in October 2024, the same as the previous month. Of the 34 sold homes, 35% were sold under asking, 21% were sold at asking, and 44% were sold over asking.
Days on Market for 06437, CT
We’re sorry, we don't have information for this market at the moment
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