$3,551 Closing Credit*
$299,000
1,420 SqFt
2 Beds
•1 Full Bath, 1 Partial
Mike DeFosses, Listing Office: Executive Real Estate Inc.
Is Glastonbury, 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, Glastonbury has remained a Seller's Market.
Key Takeaway
Glastonbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glastonbury, CT
How much do homes in Glastonbury, CT cost?
Median Sold Price
$518,500
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,500(+14.0%)
Key Takeaway
Homes in Glastonbury have sold for 14% more than they did a year ago.
Summary: The median home sold price in Glastonbury was $518,500 in November 2024, up 14% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $204K | +29.9% |
| 2 Bedrooms | $298.5K | $330K | +10.6% |
| 3 Bedrooms | $415K | $475K | +14.5% |
| 4 Bedrooms | $580K | $650K | +12.1% |
| 5+ Bedrooms | $820K | $886K | +8.0% |
Summary: Glastonbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| South Glastonbury | $553.7K | $658.7K | +19.0% |
| Glastonbury | $455K | $518.5K | +14.0% |
| East Hartford | $250K | $285K | +14.0% |
| Manchester | $280K | $310K | +10.7% |
| Wethersfield | $339.4K | $365K | +7.5% |
Housing Supply in Glastonbury, CT
How many homes are available in Glastonbury, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 96 | -5.9% |
Summary: The Glastonbury real estate market had 96 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 42 | 38 | -9.5% |
| 4 Bedrooms | 39 | 39 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Glastonbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glastonbury, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Glastonbury in November 2024, up by 3.3% month-over-month. Of the 31 sold homes, 35% were sold under asking, 10% were sold at asking, and 55% were sold over asking.
Days on Market for Glastonbury, CT
We’re sorry, we don't have information for this market at the moment
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