$10,000 Closing Credit*
$950,000
1,450 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jaime Memoli, Listing Office: William Raveis Real Estate
Is 06820, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06820 has remained a Seller's Market.
Key Takeaway
06820 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06820, CT
How much do homes in 06820, CT cost?
Median Sold Price
$1,932,900
$635/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100,233(+5.5%)
Key Takeaway
Homes in 06820 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 06820 was $1,932,900 in November 2024, up 5.5% from last year, and the median price per square foot was $635.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $640K | $685K | +7.0% |
| 2 Bedrooms | $873.5K | $765K | -12.4% |
| 3 Bedrooms | $1.1M | $1.3M | +25.9% |
| 4 Bedrooms | $1.6M | $1.7M | +7.4% |
| 5+ Bedrooms | $2.7M | $3.4M | +26.1% |
Summary: 06820 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 26.1%.
Housing Supply in 06820, CT
How many homes are available in 06820, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 57 | -13.6% |
Summary: The 06820 real estate market had 57 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 34 | 28 | -17.6% |
Summary: The 06820 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06820, 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 06820 in November 2024, up by 90.9% month-over-month. Of the 21 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for 06820, CT
We’re sorry, we don't have information for this market at the moment
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