$10,000 Closing Credit*
$2,100,000
4,944 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kevin O'brien, Listing Office: O'Brien Premier Properties
Is 06897, 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, 06897 has remained a Seller's Market.
Key Takeaway
06897 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06897, CT
How much do homes in 06897, CT cost?
Median Sold Price
$1,150,000
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$100,000(+9.5%)
Key Takeaway
Homes in 06897 have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in 06897 was $1,150,000 in November 2024, up 9.5% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.5K | $325K | +11.1% |
| 2 Bedrooms | $530K | $574.8K | +8.5% |
| 3 Bedrooms | $794.5K | $890K | +12.0% |
| 4 Bedrooms | $1.1M | $1.1M | +2.1% |
| 5+ Bedrooms | $1.4M | $1.6M | +13.7% |
Summary: 06897 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 13.7%.
Housing Supply in 06897, CT
How many homes are available in 06897, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 62 | -20.5% |
Summary: The 06897 real estate market had 62 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 32 | 25 | -21.9% |
| 5+ Bedrooms | 24 | 20 | -16.7% |
Summary: The 06897 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 decreased by 16.7%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06897, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 06897 in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for 06897, CT
We’re sorry, we don't have information for this market at the moment
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