$6,822 Closing Credit*
$574,500
905 SqFt
2 Beds
•1 Full Bath
Shashi Dayal, Listing Office: BHHS Darien/New Canaan
Is 06870, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 06870 was a Buyer's Market.
Key Takeaway
06870 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06870, CT
How much do homes in 06870, CT cost?
Median Sold Price
$1,632,500
$772/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,500(+2.4%)
Key Takeaway
Homes in 06870 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 06870 was $1,632,500 in November 2024, up 2.4% from last year, and the median price per square foot was $772.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $458.7K | +22.3% |
| 2 Bedrooms | $785K | $1.4M | +79.9% |
| 3 Bedrooms | $1.5M | $1.1M | -24.2% |
| 4 Bedrooms | $1.6M | $2.2M | +31.5% |
| 5+ Bedrooms | $2.8M | $3.5M | +22.8% |
Summary: 06870 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 79.9%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes increased by 31.5%, and 5+ bedroom homes increased by 22.8%.
Median Sold Price Compared To Nearby Zip Codes
| 06902 | $450K | $497K | +10.4% |
| 06870 | $1.5M | $1.6M | +2.4% |
| 06878 | $2.4M | $1.9M | -20.9% |
Housing Supply in 06870, CT
How many homes are available in 06870, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Summary: The 06870 real estate market had 9 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 06870 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06870, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06870 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 06870, CT
We’re sorry, we don't have information for this market at the moment
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