$10,000 Closing Credit*
$1,995,000
3,167 SqFt
2 Beds
•2 Full Baths, 2 Partial
Susan Seath, Listing Office: Compass Connecticut, LLC
Is 06880, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 06880 has remained a Seller's Market.
Key Takeaway
06880 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06880, CT
How much do homes in 06880, CT cost?
Median Sold Price
$1,895,812
$527/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$44,812(+2.4%)
Key Takeaway
Homes in 06880 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 06880 was $1,895,812 in November 2024, up 2.4% from last year, and the median price per square foot was $527.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $351K | $1.7M | +390.0% |
| 2 Bedrooms | $861.2K | $950K | +10.3% |
| 3 Bedrooms | $1.1M | $1.0M | -4.5% |
| 4 Bedrooms | $1.6M | $1.6M | +2.8% |
| 5+ Bedrooms | $2.8M | $3.0M | +7.1% |
Summary: 06880 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 390%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 06880, CT
How many homes are available in 06880, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 132 | -11.4% |
Summary: The 06880 real estate market had 132 homes for sale in November 2024, a 11.4% 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 | 28 | 30 | +7.1% |
| 3 Bedrooms | 21 | 14 | -33.3% |
| 4 Bedrooms | 33 | 27 | -18.2% |
| 5+ Bedrooms | 67 | 61 | -9.0% |
Summary: The 06880 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 increased by 7.1%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06880, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 06880 in November 2024, up by 33.3% month-over-month. Of the 32 sold homes, 44% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for 06880, CT
We’re sorry, we don't have information for this market at the moment
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