Is 06763, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06763 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 06763 has remained a Seller's Market.

Key Takeaway

06763 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 06763, CT

How much do homes in 06763, CT cost?

Median Sold Price

$942,000

$424/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$527,000(+127.0%)

Key Takeaway

Homes in 06763 have sold for 127% more than they did a month ago.

Summary: The median home sold price in 06763 was $942,000 in November 2024, up 127% from last month, and the median price per square foot was $424.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $345K$759.5K
+120.1%
3 -$1.1M
N/A
4 $799K$1.2M
+56.0%
5+ -$1.0M
N/A

Summary: 06763 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 120.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 56%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06763
+127.0%
06751
-36.5%
06750
-63.6%

Housing Supply in 06763, CT

How many homes are available in 06763, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1211-8.3%

Summary: The 06763 real estate market had 11 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 35
+66.7%
4 43
-25.0%
5+ 11
0.0%

Summary: The 06763 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 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06763, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 06763 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 06763, 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 06763, CT

Nearby Markets to 06763, CT