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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Granby has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Granby, CT

How much do homes in Granby, CT cost?

Median Sold Price

$441,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,000(+3.8%)

Key Takeaway

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

Summary: The median home sold price in Granby was $441,000 in November 2024, up 3.8% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $86.9K$265K
+204.9%
2 $248.7K$258.5K
+3.9%
3 $353.5K$430K
+21.6%
4 $503K$520K
+3.4%
5+ $640.5K$590K
-7.9%

Summary: Granby housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 204.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Cities

East Granby
+16.5%
Granby
+3.8%

Housing Supply in Granby, CT

How many homes are available in Granby, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4137-9.8%

Summary: The Granby real estate market had 37 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 2320
-13.0%
4 126
-50.0%
5+ 01
+100.0%

Summary: The 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 increased by 66.7%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, you could pay more than the asking price. 90% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Granby in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 10% were sold under asking, 0% were sold at asking, and 90% were sold over asking.

Days on Market for Granby, 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 17 Days Ago

Newest Listings in Granby, CT

Nearby Markets to Granby, CT

What housing markets are near Granby, CT?