$5,938 Closing Credit*
$500,000
1,047 SqFt
6 Beds
Lisa Nussbaum, Listing Office: Top Tier Realty Group, LLC
Is 06607, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06607 has remained a Seller's Market.
Key Takeaway
06607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06607, CT
How much do homes in 06607, CT cost?
Median Sold Price
$320,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,500(+13.3%)
Key Takeaway
Homes in 06607 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 06607 was $320,000 in November 2024, up 13.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.3K | $42K | +6.7% |
| 2 Bedrooms | $52.9K | $89K | +67.9% |
| 3 Bedrooms | $257.5K | $277.5K | +7.8% |
| 4 Bedrooms | $294K | $340K | +15.6% |
| 5+ Bedrooms | $425K | $420K | -1.2% |
Summary: 06607 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 67.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 06607, CT
How many homes are available in 06607, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The 06607 real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 06607 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06607, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 06607 in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 06607, CT
We’re sorry, we don't have information for this market at the moment
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