$3,741 Closing Credit*
$315,000
1,910 SqFt
1 Bed
•1 Full Bath
Thomas Johnson, Listing Office: Brown Harris Stevens
Is 06811, 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, 06811 has remained a Seller's Market.
Key Takeaway
06811 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06811, CT
How much do homes in 06811, CT cost?
Median Sold Price
$440,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,000(+4.5%)
Key Takeaway
Homes in 06811 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 06811 was $440,000 in October 2024, up 4.5% 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 | $183.5K | $199.2K | +8.6% |
| 2 Bedrooms | $322K | $365K | +13.4% |
| 3 Bedrooms | $430K | $459K | +6.7% |
| 4 Bedrooms | $604K | $677K | +12.1% |
| 5+ Bedrooms | $639.9K | $672.5K | +5.1% |
Summary: 06811 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in 06811, CT
How many homes are available in 06811, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 126 | 124 | -1.6% |
Summary: The 06811 real estate market had 124 homes for sale in October 2024, a 1.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 37 | 33 | -10.8% |
| 3 Bedrooms | 41 | 43 | +4.9% |
| 4 Bedrooms | 31 | 29 | -6.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 06811 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 36 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06811, you could pay more than the asking price. 47.2% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 06811 in October 2024, up by 50.0% month-over-month. Of the 36 sold homes, 39% were sold under asking, 14% were sold at asking, and 47% were sold over asking.
Days on Market for 06811, CT
How long does it take to sell a home in 06811, 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 06811 has remained consistent over time.
Summary: During October 2024, 36 homes were sold in 06811; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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