$6,953 Closing Credit*
$585,500
1,196 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michele Milton, Listing Office: Coldwell Banker Realty
Is 06804, 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, 06804 has remained a Seller's Market.
Key Takeaway
06804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06804, CT
How much do homes in 06804, CT cost?
Median Sold Price
$542,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+9.6%)
Key Takeaway
Homes in 06804 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 06804 was $542,500 in October 2024, up 9.6% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $250.5K | +27.8% |
| 2 Bedrooms | $364.9K | $387.5K | +6.2% |
| 3 Bedrooms | $487.5K | $534.5K | +9.6% |
| 4 Bedrooms | $655K | $720K | +9.9% |
| 5+ Bedrooms | $720K | $697.5K | -3.1% |
Summary: 06804 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in 06804, CT
How many homes are available in 06804, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 70 | -13.6% |
Summary: The 06804 real estate market had 70 homes for sale in October 2024, a 13.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 34 | 27 | -20.6% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 06804 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06804, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in 06804 in October 2024, down by 8.7% month-over-month. Of the 21 sold homes, 33% were sold under asking, 10% were sold at asking, and 57% were sold over asking.
Days on Market for 06804, CT
How long does it take to sell a home in 06804, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 06804 has remained consistent over time.
Summary: During October 2024, 21 homes were sold in 06804; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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