$3,100,000
7,037 SqFt
6 Beds
•6 Full Baths, 1 Partial
Lisa O'rourke, Listing Office: William Pitt Sotheby's Int'l
Is 06840, 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, 06840 has remained a Seller's Market.
Key Takeaway
06840 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06840, CT
How much do homes in 06840, CT cost?
Median Sold Price
$1,962,500
$502/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$247,500(+14.4%)
Key Takeaway
Homes in 06840 have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in 06840 was $1,962,500 in November 2024, up 14.4% from last year, and the median price per square foot was $502.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $415K | +23.9% |
| 2 Bedrooms | $901K | $1.0M | +11.0% |
| 3 Bedrooms | $1.1M | $1.2M | +6.7% |
| 4 Bedrooms | $1.6M | $1.8M | +6.0% |
| 5+ Bedrooms | $2.6M | $2.7M | +5.5% |
Summary: 06840 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.9%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.5%.
Housing Supply in 06840, CT
How many homes are available in 06840, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 97 | -20.5% |
Summary: The 06840 real estate market had 97 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 60 | 49 | -18.3% |
Summary: The 06840 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 18.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06840, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06840 in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for 06840, CT
We’re sorry, we don't have information for this market at the moment
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