$9,441 Closing Credit*
$795,000
2,656 SqFt
4 Beds
•2 Full Baths, 1 Partial
David Weber, Listing Office: Compass Connecticut, LLC
Is 06883, 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, 06883 has remained a Seller's Market.
Key Takeaway
06883 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06883, CT
How much do homes in 06883, CT cost?
Median Sold Price
$1,310,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+1.2%)
Key Takeaway
Homes in 06883 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 06883 was $1,310,000 in November 2024, up 1.2% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $948.5K | $574.9K | -39.4% |
| 3 Bedrooms | $721.2K | $940K | +30.3% |
| 4 Bedrooms | $1.1M | $1.1M | +0.8% |
| 5+ Bedrooms | $1.5M | $1.7M | +7.0% |
Summary: 06883 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.4%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 7%.
Housing Supply in 06883, CT
How many homes are available in 06883, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 45 | -8.2% |
Summary: The 06883 real estate market had 45 homes for sale in November 2024, a 8.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The 06883 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06883, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 06883 in November 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 06883, CT
We’re sorry, we don't have information for this market at the moment
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