$6,116 Closing Credit*
$515,000
2,856 SqFt
4 Beds
•2 Full Baths, 1 Partial
Patty Forbes, 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 November 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 November 2023
+$75,000(+13.4%)
Key Takeaway
Homes in 06470 have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in 06470 was $635,000 in November 2024, up 13.4% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228K | $119.9K | -47.4% |
| 2 Bedrooms | $370K | $510K | +37.8% |
| 3 Bedrooms | $478.7K | $555K | +15.9% |
| 4 Bedrooms | $665K | $751.5K | +13.0% |
| 5+ Bedrooms | $1.1M | $1.2M | +6.3% |
Summary: 06470 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 37.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 06470, CT
How many homes are available in 06470, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 63 | -14.9% |
Summary: The 06470 real estate market had 63 homes for sale in November 2024, a 14.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 21 | 17 | -19.0% |
| 4 Bedrooms | 30 | 23 | -23.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 06470 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06470, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 06470 in November 2024, down by 35.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 06470, CT
We’re sorry, we don't have information for this market at the moment
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