Is Bristol, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bristol, CT

How much do homes in Bristol, CT cost?

Median Sold Price

$307,013

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,013(+11.6%)

Key Takeaway

Homes in Bristol have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Bristol was $307,013 in November 2024, up 11.6% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $121K$146K
+20.7%
2 $200K$215.9K
+8.0%
3 $294K$320K
+8.8%
4 $325K$337.5K
+3.8%
5+ $325.5K$360K
+10.6%

Summary: Bristol housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Plainville
+20.8%
Unionville
+16.5%
Bristol
+11.6%
Terryville
+11.5%
Southington
+10.0%

Housing Supply in Bristol, CT

How many homes are available in Bristol, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
236195-17.4%

Summary: The Bristol real estate market had 195 homes for sale in November 2024, a 17.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 74
-42.9%
2 5850
-13.8%
3 10179
-21.8%
4 5446
-14.8%
5+ 1616
0.0%

Summary: The Bristol housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8258-29.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol, you could pay more than the asking price. 62.1% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in Bristol in November 2024, down by 29.3% month-over-month. Of the 58 sold homes, 14% were sold under asking, 24% were sold at asking, and 62% were sold over asking.

Days on Market for Bristol, 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 17 Days Ago

Newest Listings in Bristol, CT

Nearby Markets to Bristol, CT

What housing markets are near Bristol, CT?