$2,374 Closing Credit*
$199,900
1,024 SqFt
2 Beds
•1 Full Bath, 1 Partial
George Noujaim, Listing Office: Dave Jones Realty, LLC
Is 06705, 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, 06705 has remained a Seller's Market.
Key Takeaway
06705 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06705, CT
How much do homes in 06705, CT cost?
Median Sold Price
$255,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+13.3%)
Key Takeaway
Homes in 06705 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 06705 was $255,000 in November 2024, up 13.3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $130K | -36.6% |
| 2 Bedrooms | $173K | $210K | +21.4% |
| 3 Bedrooms | $240K | $276K | +15.0% |
| 4 Bedrooms | $242.5K | $295K | +21.6% |
| 5+ Bedrooms | $317.5K | $398K | +25.4% |
Summary: 06705 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 25.4%.
Housing Supply in 06705, CT
How many homes are available in 06705, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 88 | -4.3% |
Summary: The 06705 real estate market had 88 homes for sale in November 2024, a 4.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 28 | 25 | -10.7% |
| 3 Bedrooms | 34 | 32 | -5.9% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 06705 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 decreased by 10.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06705, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 06705 in November 2024, up by 22.2% month-over-month. Of the 22 sold homes, 59% were sold under asking, 9% were sold at asking, and 32% were sold over asking.
Days on Market for 06705, CT
We’re sorry, we don't have information for this market at the moment
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