$3,918 Closing Credit*
$329,900
2,196 SqFt
3 Beds
•1 Full Bath, 1 Partial
Trevor Burke, Listing Office: Regency Real Estate, LLC
Is 06704, 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, 06704 has remained a Seller's Market.
Key Takeaway
06704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06704, CT
How much do homes in 06704, CT cost?
Median Sold Price
$250,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,333(+7.9%)
Key Takeaway
Homes in 06704 have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in 06704 was $250,000 in November 2024, up 7.9% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97K | $147K | +51.5% |
| 2 Bedrooms | $150K | $194K | +29.3% |
| 3 Bedrooms | $235.5K | $240K | +1.9% |
| 4 Bedrooms | $250K | $275K | +10.0% |
| 5+ Bedrooms | $302.5K | $350K | +15.7% |
Summary: 06704 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.5%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 06704, CT
How many homes are available in 06704, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 88 | -6.4% |
Summary: The 06704 real estate market had 88 homes for sale in November 2024, a 6.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 37 | 32 | -13.5% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 06704 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 11.1%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06704, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 06704 in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.
Days on Market for 06704, CT
We’re sorry, we don't have information for this market at the moment
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