$2,719 Closing Credit*
$229,000
1,064 SqFt
3 Beds
•1 Full Bath
Lynn Attella, Listing Office: Marrin Santore Realty LLC
Is Litchfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Litchfield was a Neutral Market.
Key Takeaway
Litchfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Litchfield, CT
How much do homes in Litchfield, CT cost?
Median Sold Price
$575,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$135,000(+30.7%)
Key Takeaway
Homes in Litchfield have sold for 30.7% more than they did a year ago.
Summary: The median home sold price in Litchfield was $575,000 in November 2024, up 30.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.9K | - | N/A |
| 2 Bedrooms | $315K | $398.5K | +26.5% |
| 3 Bedrooms | $426K | $570K | +33.8% |
| 4 Bedrooms | $510K | $650K | +27.5% |
| 5+ Bedrooms | $1.1M | $795K | -30.6% |
Summary: Litchfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 33.8%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes decreased by 30.6%.
Housing Supply in Litchfield, CT
How many homes are available in Litchfield, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The Litchfield real estate market had 40 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 26 | 24 | -7.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Litchfield 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Litchfield, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Litchfield in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for Litchfield, CT
We’re sorry, we don't have information for this market at the moment
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