$8,301 Closing Credit*
$699,000
1,858 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ken Banks, Listing Office: William Raveis Real Estate
Is 06825, 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, 06825 has remained a Seller's Market.
Key Takeaway
06825 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06825, CT
How much do homes in 06825, CT cost?
Median Sold Price
$677,500
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+10.6%)
Key Takeaway
Homes in 06825 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 06825 was $677,500 in October 2024, up 10.6% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226.2K | $235K | +3.9% |
| 2 Bedrooms | $387.5K | $432.5K | +11.6% |
| 3 Bedrooms | $578K | $665K | +15.1% |
| 4 Bedrooms | $777K | $805K | +3.6% |
| 5+ Bedrooms | $764.5K | $943.5K | +23.4% |
Summary: 06825 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 23.4%.
Housing Supply in 06825, CT
How many homes are available in 06825, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 72 | -4.0% |
Summary: The 06825 real estate market had 72 homes for sale in October 2024, a 4.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 13 | +62.5% |
| 3 Bedrooms | 36 | 31 | -13.9% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 06825 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 62.5%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06825, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 06825 in October 2024, down by 30.4% month-over-month. Of the 16 sold homes, 44% were sold under asking, 6% were sold at asking, and 50% were sold over asking.
Days on Market for 06825, CT
We’re sorry, we don't have information for this market at the moment
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