Is Blue Hills, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Hills is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Blue Hills has remained a Seller's Market.

Key Takeaway

Blue Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blue Hills, CT

How much do homes in Blue Hills, CT cost?

Median Sold Price

$260,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+10.6%)

Key Takeaway

Homes in Blue Hills have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Blue Hills was $260,000 in October 2024, up 10.6% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $165K$227.9K
+38.2%
3 $218.2K$265K
+21.4%
4 $234.5K$259.9K
+10.9%
5+ $300K$320K
+6.7%

Summary: Blue Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.2%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Neighborhoods

Northeast / North End
+22.8%
Upper Albany
+17.5%
Blue Hills
+10.6%

Housing Supply in Blue Hills, CT

How many homes are available in Blue Hills, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3430-11.8%

Summary: The Blue Hills real estate market had 30 homes for sale in October 2024, a 11.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1913
-31.6%
4 45
+25.0%
5+ 78
+14.3%

Summary: The Blue Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 31.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Hills, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Blue Hills in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Blue Hills, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Blue Hills, CT

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