$10,000 Closing Credit*
$930,000
2,987 SqFt
3 Beds
•3 Full Baths
Sandra Juliano, Listing Office: Berkshire Hathaway NE Prop.
Is 06877, 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, 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
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+2.8%)
Key Takeaway
Homes in 06877 have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in 06877 was $925,000 in October 2024, up 2.8% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $339K | +25.6% |
| 2 Bedrooms | $565.5K | $560K | -1.0% |
| 3 Bedrooms | $696.2K | $750K | +7.7% |
| 4 Bedrooms | $1.0M | $1.1M | +0.9% |
| 5+ Bedrooms | $1.5M | $1.6M | +6.7% |
Summary: 06877 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.6%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in 06877, CT
How many homes are available in 06877, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 96 | +1.1% |
Summary: The 06877 real estate market had 96 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 17 | 13 | -23.5% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 29 | 33 | +13.8% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The 06877 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06877, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 06877 in October 2024, the same as the previous month. Of the 22 sold homes, 32% were sold under asking, 9% were sold at asking, and 59% 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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