$10,000 Closing Credit*
$1,195,000
3,810 SqFt
4 Beds
•3 Full Baths, 1 Partial
Vincent Capuano, Listing Office: Berkshire Hathaway NE Prop.
Is 06470, 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, 06470 has remained a Seller's Market.
Key Takeaway
06470 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06470, CT
How much do homes in 06470, CT cost?
Median Sold Price
$635,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+14.4%)
Key Takeaway
Homes in 06470 have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in 06470 was $635,000 in October 2024, up 14.4% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228K | $285K | +25.0% |
| 2 Bedrooms | $379.8K | $500K | +31.6% |
| 3 Bedrooms | $462.5K | $560K | +21.1% |
| 4 Bedrooms | $660K | $746.5K | +13.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +19.7% |
Summary: 06470 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 06470, CT
How many homes are available in 06470, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 75 | +2.7% |
Summary: The 06470 real estate market had 75 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 33 | 30 | -9.1% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 06470 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 remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06470, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 06470 in October 2024, up by 50.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for 06470, CT
How long does it take to sell a home in 06470, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 06470 has remained consistent over time.
Summary: During October 2024, 18 homes were sold in 06470; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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