$10,000 Closing Credit*
$1,395,000
4,190 SqFt
5 Beds
•4 Full Baths, 1 Partial
Catherine Cronin, Listing Office: Coldwell Banker Realty
Is 06831, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 06831 was a Seller's Market.
Key Takeaway
06831 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 06831, CT
How much do homes in 06831, CT cost?
Median Sold Price
$1,325,000
$551/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$554,600(-29.5%)
Key Takeaway
Homes in 06831 have sold for 29.5% less than they did a year ago.
Summary: The median home sold price in 06831 was $1,325,000 in October 2024, down 29.5% from last year, and the median price per square foot was $551.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $405K | -1.2% |
| 2 Bedrooms | $935K | $791.5K | -15.3% |
| 3 Bedrooms | $1.1M | $1.1M | +0.7% |
| 4 Bedrooms | $1.5M | $1.6M | +3.5% |
| 5+ Bedrooms | $3.8M | $3.4M | -11.7% |
Summary: 06831 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 15.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in 06831, CT
How many homes are available in 06831, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The 06831 real estate market had 42 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 21 | 27 | +28.6% |
Summary: The 06831 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 decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06831, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 06831 in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 06831, CT
We’re sorry, we don't have information for this market at the moment
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