$4,738 Closing Credit*
$399,000
1,035 SqFt
2 Beds
•1 Full Bath, 1 Partial
Linda Couturas, Listing Office: Coldwell Banker Realty
Is 06854, 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, 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
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,000(+12.9%)
Key Takeaway
Homes in 06854 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 06854 was $525,000 in October 2024, up 12.9% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $290K | +1.8% |
| 2 Bedrooms | $389K | $390K | 0.3% |
| 3 Bedrooms | $551K | $610K | +10.7% |
| 4 Bedrooms | $659K | $731.5K | +11.0% |
| 5+ Bedrooms | $657.5K | $750K | +14.1% |
Summary: 06854 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in 06854, CT
How many homes are available in 06854, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 70 | -7.9% |
Summary: The 06854 real estate market had 70 homes for sale in October 2024, a 7.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 13 | 0.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 14 | 8 | -42.9% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The 06854 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 9.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 14 | -48.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06854, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 06854 in October 2024, down by 48.1% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% 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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