$8,859 Closing Credit*
$745,999
1,815 SqFt
2 Beds
•2 Full Baths, 1 Partial
Sofia Varela, Listing Office: Coldwell Banker Realty
Is 06902, 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, 06902 has remained a Seller's Market.
Key Takeaway
06902 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06902, CT
How much do homes in 06902, CT cost?
Median Sold Price
$497,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,000(+10.4%)
Key Takeaway
Homes in 06902 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 06902 was $497,000 in November 2024, up 10.4% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226.7K | $239K | +5.4% |
| 2 Bedrooms | $357.5K | $389.4K | +8.9% |
| 3 Bedrooms | $635.5K | $670K | +5.4% |
| 4 Bedrooms | $927K | $1.0M | +16.2% |
| 5+ Bedrooms | $925K | $1.2M | +32.4% |
Summary: 06902 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 32.4%.
Housing Supply in 06902, CT
How many homes are available in 06902, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 162 | 144 | -11.1% |
Summary: The 06902 real estate market had 144 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 18 | +5.9% |
| 2 Bedrooms | 67 | 58 | -13.4% |
| 3 Bedrooms | 34 | 25 | -26.5% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The 06902 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 31 | -26.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06902, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 06902 in November 2024, down by 26.2% month-over-month. Of the 31 sold homes, 35% were sold under asking, 16% were sold at asking, and 48% were sold over asking.
Days on Market for 06902, CT
We’re sorry, we don't have information for this market at the moment
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