$9,488 Closing Credit*
$799,000
2,756 SqFt
5 Beds
•2 Full Baths, 1 Partial
Jaime Memoli, Listing Office: William Raveis Real Estate
Is 06851, 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, 06851 has remained a Seller's Market.
Key Takeaway
06851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06851, CT
How much do homes in 06851, CT cost?
Median Sold Price
$610,833
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,833(+6.2%)
Key Takeaway
Homes in 06851 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 06851 was $610,833 in October 2024, up 6.2% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $311K | +13.1% |
| 2 Bedrooms | $435K | $490K | +12.6% |
| 3 Bedrooms | $600K | $650K | +8.3% |
| 4 Bedrooms | $661K | $770K | +16.5% |
| 5+ Bedrooms | $839.5K | $875K | +4.2% |
Summary: 06851 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 06851, CT
How many homes are available in 06851, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 108 | +6.9% |
Summary: The 06851 real estate market had 108 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 28 | 33 | +17.9% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 06851 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 30 | +57.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06851, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in 06851 in October 2024, up by 57.9% month-over-month. Of the 30 sold homes, 30% were sold under asking, 3% were sold at asking, and 67% were sold over asking.
Days on Market for 06851, CT
We’re sorry, we don't have information for this market at the moment
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