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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenbrook is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Glenbrook was a Buyer's Market.

Key Takeaway

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

Housing Prices in Glenbrook, CT

How much do homes in Glenbrook, CT cost?

Median Sold Price

$405,000

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.8%)

Key Takeaway

Homes in Glenbrook have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Glenbrook was $405,000 in October 2024, up 3.8% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$235K
+4.4%
2 $355K$355K
0.0%
3 $546K$561.5K
+2.8%
4 $613.7K$760K
+23.8%
5+ $732.5K$867K
+18.4%

Summary: Glenbrook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 18.4%.

Median Sold Price Compared To Nearby Neighborhoods

Belltown
+26.5%
Downtown
+19.4%
Glenbrook
+3.8%
Cove
0.1%

Housing Supply in Glenbrook, CT

How many homes are available in Glenbrook, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5365+22.6%

Summary: The Glenbrook real estate market had 65 homes for sale in October 2024, a 22.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2436
+50.0%
3 1818
0.0%
4 34
+33.3%
5+ 32
-33.3%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenbrook, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Glenbrook in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 9% were sold under asking, 18% were sold at asking, and 73% were sold over asking.

Days on Market for Glenbrook, 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 16 Days Ago

Newest Listings in Glenbrook, CT

Nearby Markets to Glenbrook, CT