$9,263 Closing Credit*
$780,000
972 SqFt
3 Beds
•1 Full Bath
Seema Dohil, Listing Office: Brown Harris Stevens
Is 06840, 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, 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
$1,985,000
$496/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$285,000(+16.8%)
Key Takeaway
Homes in 06840 have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in 06840 was $1,985,000 in October 2024, up 16.8% from last year, and the median price per square foot was $496.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $317.5K | $390K | +22.8% |
| 2 Bedrooms | $930.5K | $987.5K | +6.1% |
| 3 Bedrooms | $1.1M | $1.2M | +8.3% |
| 4 Bedrooms | $1.7M | $1.7M | +3.7% |
| 5+ Bedrooms | $2.7M | $2.8M | +3.3% |
Summary: 06840 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 06840, CT
How many homes are available in 06840, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 128 | +10.3% |
Summary: The 06840 real estate market had 128 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 58 | 65 | +12.1% |
Summary: The 06840 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 26 | +225.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06840, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 06840 in October 2024, up by 225.0% month-over-month. Of the 26 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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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