$259,900
1.79 Acres
Land
Tara Stirk, Listing Office: William Raveis Real Estate
Is 06525, 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, 06525 was a Seller's Market.
Key Takeaway
06525 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 06525, CT
How much do homes in 06525, CT cost?
Median Sold Price
$612,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,500(-2.8%)
Key Takeaway
Homes in 06525 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 06525 was $612,500 in October 2024, down 2.8% 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 | - | $400K | N/A |
| 2 Bedrooms | $320K | $418.3K | +30.7% |
| 3 Bedrooms | $555K | $545K | -1.8% |
| 4 Bedrooms | $727.5K | $734K | +0.9% |
| 5+ Bedrooms | $795K | $915K | +15.1% |
Summary: 06525 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 30.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 15.1%.
Housing Supply in 06525, CT
How many homes are available in 06525, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The 06525 real estate market had 43 homes for sale in October 2024, a 4.4% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 06525 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 decreased by 11.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06525, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 06525 in October 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 06525, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.