$10,000 Closing Credit*
$1,225,000
2,300 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kimberly Gomes, Listing Office: Coldwell Banker Realty
Is 06825, 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, 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
$685,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+11.4%)
Key Takeaway
Homes in 06825 have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in 06825 was $685,000 in November 2024, up 11.4% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.9K | $234.8K | +2.2% |
| 2 Bedrooms | $395K | $445K | +12.7% |
| 3 Bedrooms | $580K | $660K | +13.8% |
| 4 Bedrooms | $760K | $805K | +5.9% |
| 5+ Bedrooms | $730K | $943.5K | +29.2% |
Summary: 06825 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 29.2%.
Housing Supply in 06825, CT
How many homes are available in 06825, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 72 | -5.3% |
Summary: The 06825 real estate market had 72 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 06825 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06825, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 06825 in November 2024, down by 6.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 7% were sold at asking, and 67% 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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