Is East Side, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Side is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, East Side has remained a Buyer's Market.

Key Takeaway

East Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Side, CT

How much do homes in East Side, CT cost?

Median Sold Price

$379,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$71,500(+23.3%)

Key Takeaway

Homes in East Side have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in East Side was $379,000 in October 2024, up 23.3% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$210K
+40.0%
3 $195K$247.5K
+26.9%
4 $255K$305K
+19.6%
5+ $361.5K$450K
+24.5%

Summary: East Side 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 40%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Neighborhoods

East Side
+23.3%
Boston Avenue / Mill Hill
+15.4%
East Bridgeport
+11.9%
North Bridgeport
+8.3%

Housing Supply in East Side, CT

How many homes are available in East Side, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The East Side real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 32
-33.3%
4 44
0.0%
5+ 811
+37.5%

Summary: The East Side 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Side, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Side in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for East Side, 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 22 Days Ago

Newest Listings in East Side, CT

Nearby Markets to East Side, CT