$10,000 Closing Credit*
$1,800,000
2,624 SqFt
5 Beds
•3 Full Baths
Melissa Montagno, Listing Office: Higgins Group Real Estate
Is 06878, 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, 06878 has remained a Seller's Market.
Key Takeaway
06878 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06878, CT
How much do homes in 06878, CT cost?
Median Sold Price
$1,841,000
$682/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$684,000(-27.1%)
Key Takeaway
Homes in 06878 have sold for 27.1% less than they did a year ago.
Summary: The median home sold price in 06878 was $1,841,000 in October 2024, down 27.1% from last year, and the median price per square foot was $682.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $740K | $820K | +10.8% |
| 3 Bedrooms | $1.3M | $1.4M | +14.2% |
| 4 Bedrooms | $2.3M | $1.5M | -35.8% |
| 5+ Bedrooms | $3.1M | $3.3M | +7.3% |
Summary: 06878 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 14.2%, 4 bedroom homes decreased by 35.8%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in 06878, CT
How many homes are available in 06878, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The 06878 real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 06878 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 06878, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 06878 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 06878, CT
We’re sorry, we don't have information for this market at the moment
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