$3,266 Closing Credit*
$275,000
1,414 SqFt
2 Beds
•1 Full Bath, 1 Partial
Thomas Hulk, Listing Office: Thomas W. Hulk
Is 06514, 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, 06514 has remained a Seller's Market.
Key Takeaway
06514 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06514, CT
How much do homes in 06514, CT cost?
Median Sold Price
$304,833
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,166(+9.0%)
Key Takeaway
Homes in 06514 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 06514 was $304,833 in October 2024, up 9% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $126.9K | -15.4% |
| 2 Bedrooms | $211K | $225K | +6.6% |
| 3 Bedrooms | $290K | $315K | +8.6% |
| 4 Bedrooms | $300K | $374.8K | +25.0% |
| 5+ Bedrooms | $414.5K | $427.5K | +3.1% |
Summary: 06514 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 06514, CT
How many homes are available in 06514, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 90 | +8.4% |
Summary: The 06514 real estate market had 90 homes for sale in October 2024, a 8.4% 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 | 21 | 18 | -14.3% |
| 3 Bedrooms | 35 | 46 | +31.4% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 06514 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 14.3%, 3 bedroom homes increased by 31.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 24 | +41.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06514, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 06514 in October 2024, up by 41.2% month-over-month. Of the 24 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for 06514, CT
We’re sorry, we don't have information for this market at the moment
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