$1,781 Closing Credit*
$150,000
1,100 SqFt
2 Beds
•1 Full Bath
Roseann Iuvone, Listing Office: Seabury Hill REALTORS
Is 06511, 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, 06511 has remained a Seller's Market.
Key Takeaway
06511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06511, CT
How much do homes in 06511, CT cost?
Median Sold Price
$383,750
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,750(+4.6%)
Key Takeaway
Homes in 06511 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 06511 was $383,750 in November 2024, up 4.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186.2K | $184K | -1.2% |
| 2 Bedrooms | $350K | $325K | -7.1% |
| 3 Bedrooms | $322.5K | $300K | -7.0% |
| 4 Bedrooms | $333.7K | $379K | +13.6% |
| 5+ Bedrooms | $445K | $423K | -4.9% |
Summary: 06511 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 06511, CT
How many homes are available in 06511, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 118 | -11.3% |
Summary: The 06511 real estate market had 118 homes for sale in November 2024, a 11.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 64 | 59 | -7.8% |
Summary: The 06511 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 7.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06511, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 06511 in November 2024, down by 27.6% month-over-month. Of the 21 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
Days on Market for 06511, CT
We’re sorry, we don't have information for this market at the moment
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