$2,136 Closing Credit*
$179,900
2,100 SqFt
2 Beds
•1 Full Bath
James Kane, Listing Office: Showcase Realty, Inc.
Is 06716, 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, 06716 has remained a Seller's Market.
Key Takeaway
06716 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06716, CT
How much do homes in 06716, CT cost?
Median Sold Price
$365,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$48,500(+15.3%)
Key Takeaway
Homes in 06716 have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in 06716 was $365,000 in November 2024, up 15.3% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $230K | -45.9% |
| 2 Bedrooms | $253.2K | $265K | +4.6% |
| 3 Bedrooms | $318K | $369K | +16.0% |
| 4 Bedrooms | $377.5K | $426.2K | +12.9% |
| 5+ Bedrooms | $391.2K | $455K | +16.3% |
Summary: 06716 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 06716, CT
How many homes are available in 06716, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 68 | -9.3% |
Summary: The 06716 real estate market had 68 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 49 | 47 | -4.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 06716 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06716, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 06716 in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.
Days on Market for 06716, CT
We’re sorry, we don't have information for this market at the moment
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