$3,561 Closing Credit*
$299,900
1,392 SqFt
3 Beds
•1 Full Bath
Jaclyn McMullen, Listing Office: Chestnut Oak Associates
Is Broad Brook, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Broad Brook has remained a Seller's Market.
Key Takeaway
Broad Brook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broad Brook, CT
How much do homes in Broad Brook, CT cost?
Median Sold Price
$350,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,500(+5.6%)
Key Takeaway
Homes in Broad Brook have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Broad Brook was $350,000 in November 2024, up 5.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $265K | +6.0% |
| 3 Bedrooms | $330K | $405K | +22.7% |
| 4 Bedrooms | $411.5K | $386.2K | -6.1% |
| 5+ Bedrooms | $450K | $410K | -8.9% |
Summary: Broad Brook 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 6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| South Windsor | $365K | $400.5K | +9.7% |
| Enfield | $273.3K | $299.1K | +9.4% |
| East Windsor | $290K | $310K | +6.9% |
| Ellington | $375.5K | $400K | +6.5% |
| Broad Brook | $331.5K | $350K | +5.6% |
Housing Supply in Broad Brook, CT
How many homes are available in Broad Brook, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Broad Brook real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Broad Brook 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 40%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broad Brook, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Broad Brook in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Broad Brook, CT
We’re sorry, we don't have information for this market at the moment
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