Is 06759, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06759 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 06759 was a Neutral Market.

Key Takeaway

06759 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06759, CT

How much do homes in 06759, CT cost?

Median Sold Price

$590,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$115,000(+24.2%)

Key Takeaway

Homes in 06759 have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in 06759 was $590,000 in November 2024, up 24.2% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $315K$382.5K
+21.4%
3 $436K$575K
+31.9%
4 $605K$650K
+7.4%
5+ $1.1M$795K
-30.6%

Summary: 06759 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 30.6%.

Median Sold Price Compared To Nearby Zip Codes

06759
+24.2%
06756
+13.3%

Housing Supply in 06759, CT

How many homes are available in 06759, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4440-9.1%

Summary: The 06759 real estate market had 40 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2624
-7.7%
4 98
-11.1%
5+ 54
-20.0%

Summary: The 06759 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 decreased by 7.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06759, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 06759 in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for 06759, 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 17 Days Ago

Newest Listings in 06759, CT

Nearby Markets to 06759, CT