$4,453 Closing Credit*
$375,000
1,660 SqFt
3 Beds
•2 Full Baths
Aziz Seyal, Listing Office: William Raveis Real Estate
Is 06517, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 06517 has remained a Seller's Market.
Key Takeaway
06517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06517, CT
How much do homes in 06517, CT cost?
Median Sold Price
$372,554
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$26,554(+7.7%)
Key Takeaway
Homes in 06517 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 06517 was $372,554 in December 2024, up 7.7% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $174K | +5.5% |
| 2 Bedrooms | $241.5K | $270.5K | +12.0% |
| 3 Bedrooms | $332.5K | $365K | +9.8% |
| 4 Bedrooms | $395K | $415K | +5.1% |
| 5+ Bedrooms | $500K | $514.5K | +2.9% |
Summary: 06517 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 06517, CT
How many homes are available in 06517, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 46 | 40 | -13.0% |
Summary: The 06517 real estate market had 40 homes for sale in December 2024, a 13.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 20 | 14 | -30.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 06517 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06517, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 06517 in December 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for 06517, CT
We’re sorry, we don't have information for this market at the moment
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