$10,000 Closing Credit*
$850,000
1,145 SqFt
2 Beds
•1 Full Bath
Thaddea Sheridan, Listing Office: William Raveis Real Estate
Is 06902, 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, 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
$493,333
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+9.3%)
Key Takeaway
Homes in 06902 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 06902 was $493,333 in October 2024, up 9.3% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229K | $237K | +3.5% |
| 2 Bedrooms | $355K | $397K | +11.8% |
| 3 Bedrooms | $630.5K | $670K | +6.3% |
| 4 Bedrooms | $927K | $1.2M | +29.4% |
| 5+ Bedrooms | $900K | $1.2M | +41.6% |
Summary: 06902 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 41.6%.
Housing Supply in 06902, CT
How many homes are available in 06902, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 162 | +10.2% |
Summary: The 06902 real estate market had 162 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 16 | -23.8% |
| 2 Bedrooms | 50 | 67 | +34.0% |
| 3 Bedrooms | 30 | 34 | +13.3% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The 06902 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.8%, 2 bedroom homes increased by 34%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 41 | +10.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06902, you could pay more than the asking price. 53.7% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in 06902 in October 2024, up by 10.8% month-over-month. Of the 41 sold homes, 34% were sold under asking, 12% were sold at asking, and 54% 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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