$2,800,000
5,344 SqFt
5 Beds
•4 Full Baths, 1 Partial
Dan Kessler, Listing Office: Compass Connecticut, LLC
Is Lakeville, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lakeville was a Seller's Market.
Key Takeaway
Lakeville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lakeville, CT
How much do homes in Lakeville, CT cost?
Median Sold Price
$847,500
$362/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$69,500(-7.6%)
Key Takeaway
Homes in Lakeville have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Lakeville was $847,500 in October 2024, down 7.6% from last year, and the median price per square foot was $362.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $446.7K | $330K | -26.1% |
| 3 Bedrooms | $821K | $750K | -8.6% |
| 4 Bedrooms | $1.3M | $1.1M | -15.2% |
| 5+ Bedrooms | $1.1M | $2.2M | +91.4% |
Summary: Lakeville 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 decreased by 26.1%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 91.4%.
Housing Supply in Lakeville, CT
How many homes are available in Lakeville, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Summary: The Lakeville real estate market had 16 homes for sale in October 2024, a 30.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lakeville 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 25%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lakeville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lakeville in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lakeville, CT
We’re sorry, we don't have information for this market at the moment
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