$4,156 Closing Credit*
$350,000
1,152 SqFt
4 Beds
•1 Full Bath
Apryl White, Listing Office: Coldwell Banker Realty
Is East Granby, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Granby was a Neutral Market.
Key Takeaway
East Granby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Granby, CT
How much do homes in East Granby, CT cost?
Median Sold Price
$405,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,500(+16.5%)
Key Takeaway
Homes in East Granby have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in East Granby was $405,000 in November 2024, up 16.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $158K | +17.0% |
| 2 Bedrooms | $175.9K | $180K | +2.3% |
| 3 Bedrooms | $342.5K | $367K | +7.2% |
| 4 Bedrooms | $449K | $515K | +14.7% |
| 5+ Bedrooms | $416.5K | $700K | +68.1% |
Summary: East Granby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 68.1%.
Median Sold Price Compared To Nearby Cities
| East Granby | $347.5K | $405K | +16.5% |
| Windsor Locks | $272.1K | $305K | +12.1% |
| Simsbury | $431.2K | $455K | +5.5% |
Housing Supply in East Granby, CT
How many homes are available in East Granby, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The East Granby real estate market had 11 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The East Granby 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Granby, 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 East Granby in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for East Granby, CT
How long does it take to sell a home in East Granby, 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 East Granby has remained consistent over time.
Summary: During November 2024, 5 homes were sold in East Granby; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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