Is 06525, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06525 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 06525 has remained a Seller's Market.

Key Takeaway

06525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06525, CT

How much do homes in 06525, CT cost?

Median Sold Price

$630,000

$226/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since December 2023.

Key Takeaway

The sold price of homes in 06525 has remained the same since last year.

Summary: The median home sold price in 06525 was $630,000 in December 2024, the same as last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$400K
N/A
2 $320K$418.3K
+30.7%
3 $582.5K$545K
-6.4%
4 $710K$743K
+4.6%
5+ $825K$860K
+4.2%

Summary: 06525 housing prices by bedroom type for December 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 6.4%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

06483
+13.7%
06514
+10.6%
06515
+1.5%
06524
+1.0%
06525
0.0%

Housing Supply in 06525, CT

How many homes are available in 06525, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3222-31.3%

Summary: The 06525 real estate market had 22 homes for sale in December 2024, a 31.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 109
-10.0%
4 137
-46.2%
5+ 85
-37.5%

Summary: The 06525 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06525, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 06525 in December 2024, down by 46.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% 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

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

Report Updated 1 Day Ago

Newest Listings in 06525, CT

Nearby Markets to 06525, CT