$3,443 Closing Credit*
$289,900
1,650 SqFt
3 Beds
•2 Full Baths
Michael Vitale, Listing Office: Vitale Realty
Is 06489, 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, 06489 has remained a Seller's Market.
Key Takeaway
06489 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06489, CT
How much do homes in 06489, CT cost?
Median Sold Price
$379,300
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,528(+10.0%)
Key Takeaway
Homes in 06489 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 06489 was $379,300 in October 2024, up 10% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $161.5K | +30.8% |
| 2 Bedrooms | $235K | $270K | +14.9% |
| 3 Bedrooms | $349.9K | $384.9K | +10.0% |
| 4 Bedrooms | $515K | $515K | 0.0% |
| 5+ Bedrooms | $564.3K | $555K | -1.7% |
Summary: 06489 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 06489, CT
How many homes are available in 06489, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 99 | +12.5% |
Summary: The 06489 real estate market had 99 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 37 | 42 | +13.5% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 06489 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 5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06489, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 06489 in October 2024, down by 14.3% month-over-month. Of the 24 sold homes, 38% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for 06489, CT
We’re sorry, we don't have information for this market at the moment
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