$7,421 Closing Credit*
$624,900
1,554 SqFt
3 Beds
•1 Full Bath, 1 Partial
Derek Greene, Listing Office: The Greene Realty Group
Is 06905, 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, 06905 has remained a Seller's Market.
Key Takeaway
06905 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 06905, CT
How much do homes in 06905, CT cost?
Median Sold Price
$708,333
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,333(+13.3%)
Key Takeaway
Homes in 06905 have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in 06905 was $708,333 in October 2024, up 13.3% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367K | $321.7K | -12.3% |
| 2 Bedrooms | $460K | $500K | +8.7% |
| 3 Bedrooms | $657.5K | $750K | +14.1% |
| 4 Bedrooms | $834.6K | $850K | +1.8% |
| 5+ Bedrooms | $1.0M | $950K | -11.4% |
Summary: 06905 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in 06905, CT
How many homes are available in 06905, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 67 | -2.9% |
Summary: The 06905 real estate market had 67 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 06905 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 06905, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 06905 in October 2024, down by 28.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 6% were sold at asking, and 61% were sold over asking.
Days on Market for 06905, CT
How long does it take to sell a home in 06905, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 06905 has remained consistent over time.
Summary: During October 2024, 18 homes were sold in 06905; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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