$7,719 Closing Credit*
$650,000
2,632 SqFt
4 Beds
•2 Full Baths, 1 Partial
Adam Bronko, Listing Office: RE/MAX RISE
Is 06475, 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, 06475 has remained a Seller's Market.
Key Takeaway
06475 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06475, CT
How much do homes in 06475, CT cost?
Median Sold Price
$667,500
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$97,500(+17.1%)
Key Takeaway
Homes in 06475 have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in 06475 was $667,500 in October 2024, up 17.1% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $311.2K | -43.4% |
| 2 Bedrooms | $545K | $505K | -7.3% |
| 3 Bedrooms | $552.5K | $660K | +19.5% |
| 4 Bedrooms | $808.4K | $825K | +2.0% |
| 5+ Bedrooms | $935K | $737.5K | -21.1% |
Summary: 06475 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.4%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 21.1%.
Housing Supply in 06475, CT
How many homes are available in 06475, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 57 | -3.4% |
Summary: The 06475 real estate market had 57 homes for sale in October 2024, a 3.4% decrease 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 | 10 | 8 | -20.0% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 06475 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 decreased by 20%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06475, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 06475 in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.
Days on Market for 06475, CT
We’re sorry, we don't have information for this market at the moment
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