Is 06519, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06519 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06519 was a Seller's Market.

Key Takeaway

06519 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06519, CT

How much do homes in 06519, CT cost?

Median Sold Price

$338,450

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,950(+27.5%)

Key Takeaway

Homes in 06519 have sold for 27.5% more than they did a year ago.

Summary: The median home sold price in 06519 was $338,450 in November 2024, up 27.5% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$600K
N/A
2 $188K$167K
-11.2%
3 $223K$220K
-1.3%
4 $257.2K$265K
+3.0%
5+ $330K$390K
+18.2%

Summary: 06519 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Zip Codes

06519
+27.5%
06516
+14.8%
06511
+4.6%
06515
-0.5%

Housing Supply in 06519, CT

How many homes are available in 06519, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3944+12.8%

Summary: The 06519 real estate market had 44 homes for sale in November 2024, a 12.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 47
+75.0%
4 911
+22.2%
5+ 2422
-8.3%

Summary: The 06519 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06519, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 06519 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 06519, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 06519, CT

Nearby Markets to 06519, CT