$4,453 Closing Credit*
$375,000
1,148 SqFt
2 Beds
•1 Full Bath
Peggy Meehan, Listing Office: Coldwell Banker Realty
Is 06877, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 06877 has remained a Seller's Market.
Key Takeaway
06877 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06877, CT
How much do homes in 06877, CT cost?
Median Sold Price
$925,000
$358/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since December 2023.
Key Takeaway
The sold price of homes in 06877 has remained the same since last year.
Summary: The median home sold price in 06877 was $925,000 in December 2024, the same as last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $331K | +16.1% |
| 2 Bedrooms | $579K | $580K | 0.2% |
| 3 Bedrooms | $728.2K | $740K | +1.6% |
| 4 Bedrooms | $1.0M | $1.1M | +1.1% |
| 5+ Bedrooms | $1.5M | $1.5M | +1.7% |
Summary: 06877 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 06877, CT
How many homes are available in 06877, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 91 | 67 | -26.4% |
Summary: The 06877 real estate market had 67 homes for sale in December 2024, a 26.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 10 | +25.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 31 | 16 | -48.4% |
| 5+ Bedrooms | 19 | 14 | -26.3% |
Summary: The 06877 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 48.4%, and 5+ bedroom homes decreased by 26.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 33 | +32.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06877, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 06877 in December 2024, up by 32.0% month-over-month. Of the 33 sold homes, 48% were sold under asking, 15% were sold at asking, and 36% were sold over asking.
Days on Market for 06877, CT
We’re sorry, we don't have information for this market at the moment
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