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 November 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

$265,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+11.8%)

Key Takeaway

Homes in Blue Hills have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Blue Hills was $265,000 in November 2024, up 11.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $172.5K$228.5K
+32.5%
3 $225.7K$265K
+17.4%
4 $235K$264.2K
+12.4%
5+ $300K$326.5K
+8.8%

Summary: Blue Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Neighborhoods

Northeast / North End
+23.9%
Upper Albany
+22.2%
Blue Hills
+11.8%

Housing Supply in Blue Hills, CT

How many homes are available in Blue Hills, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3026-13.3%

Summary: The Blue Hills real estate market had 26 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1313
0.0%
4 64
-33.3%
5+ 76
-14.3%

Summary: The Blue Hills 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Blue Hills in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% 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 21 Days Ago

Newest Listings in Blue Hills, CT

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