$7,124 Closing Credit*
$599,900
1,150 SqFt
3 Beds
•2 Full Baths
Thomas Jacovino, Listing Office: Great Estates, CT
Is 06524, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06524 was a Seller's Market.
Key Takeaway
06524 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06524, CT
How much do homes in 06524, CT cost?
Median Sold Price
$465,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-3.1%)
Key Takeaway
Homes in 06524 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 06524 was $465,000 in October 2024, down 3.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $295K | N/A |
| 2 Bedrooms | $340K | $355K | +4.4% |
| 3 Bedrooms | $451K | $422.5K | -6.3% |
| 4 Bedrooms | $553.5K | $505K | -8.8% |
| 5+ Bedrooms | $790K | $660K | -16.5% |
Summary: 06524 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 16.5%.
Housing Supply in 06524, CT
How many homes are available in 06524, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The 06524 real estate market had 20 homes for sale in October 2024, a 33.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 06524 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 increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06524, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 06524 in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 06524, CT
We’re sorry, we don't have information for this market at the moment
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