$10,000 Closing Credit*
$1,199,000
5,915 SqFt
4 Beds
•4 Full Baths, 1 Partial
Shelley Drakeley, Listing Office: Drakeley Real Estate, Inc.
Is 06798, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 06798 has remained a Seller's Market.
Key Takeaway
06798 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06798, CT
How much do homes in 06798, CT cost?
Median Sold Price
$475,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+20.3%)
Key Takeaway
Homes in 06798 have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in 06798 was $475,000 in October 2024, up 20.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $125K | -10.7% |
| 2 Bedrooms | $250K | $199K | -20.4% |
| 3 Bedrooms | $402.5K | $521K | +29.4% |
| 4 Bedrooms | $607.7K | $600K | -1.3% |
| 5+ Bedrooms | $910K | $772.5K | -15.1% |
Summary: 06798 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 20.4%, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 15.1%.
Housing Supply in 06798, CT
How many homes are available in 06798, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 67 | -1.5% |
Summary: The 06798 real estate market had 67 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 30 | 27 | -10.0% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 06798 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 increased by 23.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06798, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 06798 in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for 06798, CT
We’re sorry, we don't have information for this market at the moment
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