$5,676 Closing Credit*
$478,000
1,101 SqFt
2 Beds
•2 Full Baths
Lilian Fong, Listing Office: Park Allyn Realty Associates
Is 06854, 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, 06854 has remained a Seller's Market.
Key Takeaway
06854 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06854, CT
How much do homes in 06854, CT cost?
Median Sold Price
$525,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$51,250(+10.8%)
Key Takeaway
Homes in 06854 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 06854 was $525,000 in November 2024, up 10.8% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277K | $297.5K | +7.4% |
| 2 Bedrooms | $385K | $398K | +3.4% |
| 3 Bedrooms | $565K | $610K | +8.0% |
| 4 Bedrooms | $659K | $731.5K | +11.0% |
| 5+ Bedrooms | $675K | $800K | +18.5% |
Summary: 06854 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 18.5%.
Housing Supply in 06854, CT
How many homes are available in 06854, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 60 | -9.1% |
Summary: The 06854 real estate market had 60 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 10 | -16.7% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 06854 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06854, you could pay more than the asking price. 90.9% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 06854 in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 9% were sold under asking, 0% were sold at asking, and 91% were sold over asking.
Days on Market for 06854, CT
We’re sorry, we don't have information for this market at the moment
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