Is 06777, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 06777 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 06777 has remained a Buyer's Market.

Key Takeaway

06777 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 06777, CT

How much do homes in 06777, CT cost?

Median Sold Price

$835,000

$294/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$160,000(-16.1%)

Key Takeaway

Homes in 06777 have sold for 16.1% less than they did a month ago.

Summary: The median home sold price in 06777 was $835,000 in November 2024, down 16.1% from last month, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $995K-
N/A
3 -$835K
N/A
4 --
N/A
5+ --
N/A

Summary: 06777 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

06777
-16.1%
06754
-18.5%
06750
-63.6%

Housing Supply in 06777, CT

How many homes are available in 06777, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1215+25.0%

Summary: The 06777 real estate market had 15 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 35
+66.7%
5+ 34
+33.3%

Summary: The 06777 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06777, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 06777 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 06777, 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 06777, CT

Nearby Markets to 06777, CT