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

Last month, 06777 was a Seller'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

$995,000

$621/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$521,000(-34.4%)

Key Takeaway

Homes in 06777 have sold for 34.4% less than they did a month ago.

Summary: The median home sold price in 06777 was $995,000 in October 2024, down 34.4% from last month, and the median price per square foot was $621.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $531K$995K
+87.4%
3 --
N/A
4 $3.5M-
N/A
5+ --
N/A

Summary: 06777 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.4%, 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

06750
+1314.3%
06754
-4.7%
06777
-34.4%

Housing Supply in 06777, CT

How many homes are available in 06777, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The 06777 real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 45
+25.0%
4 53
-40.0%
5+ 33
0.0%

Summary: The 06777 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 06777, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 06777 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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 16 Days Ago

Newest Listings in 06777, CT

Nearby Markets to 06777, CT