$5,700 Closing Credit*
$480,000
1,430 SqFt
4 Beds
•2 Full Baths
JD Defrancisco, Listing Office: RE/MAX Right Choice
Is 06517, 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, 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
$356,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,100(+4.1%)
Key Takeaway
Homes in 06517 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 06517 was $356,000 in October 2024, up 4.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $166.5K | +19.0% |
| 2 Bedrooms | $225K | $265.5K | +18.0% |
| 3 Bedrooms | $344.4K | $355K | +3.1% |
| 4 Bedrooms | $379K | $387.5K | +2.2% |
| 5+ Bedrooms | $495K | $550K | +11.1% |
Summary: 06517 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 06517, CT
How many homes are available in 06517, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 58 | +13.7% |
Summary: The 06517 real estate market had 58 homes for sale in October 2024, a 13.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 26 | 33 | +26.9% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 06517 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 remained the same, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06517, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 06517 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% 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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