$8,253 Closing Credit*
$695,000
2,113 SqFt
4 Beds
•2 Full Baths, 1 Partial
Melinda Dubow, Listing Office: Klemm Real Estate Inc
Is Litchfield County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Litchfield County has remained a Seller's Market.
Key Takeaway
Litchfield County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Litchfield County, CT
How much do homes in Litchfield County, CT cost?
Median Sold Price
$356,738
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,010(+9.9%)
Key Takeaway
Homes in Litchfield County have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Litchfield County was $356,738 in October 2024, up 9.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | $169.8K | +4.5% |
| 2 Bedrooms | $240K | $260K | +8.3% |
| 3 Bedrooms | $326.7K | $364.9K | +11.7% |
| 4 Bedrooms | $475K | $500K | +5.3% |
| 5+ Bedrooms | $375K | $403.5K | +7.6% |
Summary: Litchfield County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Counties
| Hartford County | $311.5K | $349.9K | +12.3% |
| New Haven County | $319.5K | $358.3K | +12.1% |
| Litchfield County | $324.7K | $356.7K | +9.9% |
| Fairfield County | $552.1K | $600.8K | +8.8% |
| Dutchess County | $406.6K | $439.8K | +8.2% |
Housing Supply in Litchfield County, CT
How many homes are available in Litchfield County, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 973 | 985 | +1.2% |
Summary: The Litchfield County real estate market had 985 homes for sale in October 2024, a 1.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 24 | +4.3% |
| 2 Bedrooms | 162 | 164 | +1.2% |
| 3 Bedrooms | 429 | 409 | -4.7% |
| 4 Bedrooms | 235 | 255 | +8.5% |
| 5+ Bedrooms | 124 | 133 | +7.3% |
Summary: The Litchfield County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 185 | 192 | +3.8% |
Asking Price vs. Sold Price
85 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
77 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Litchfield County, you may be able to get a good deal. 44.3% of homes here sold below asking price last month.
Summary: A total of 192 homes were sold or pending in Litchfield County in October 2024, up by 3.8% month-over-month. Of the 192 sold homes, 44% were sold under asking, 16% were sold at asking, and 40% were sold over asking.
Days on Market for Litchfield County, CT
We’re sorry, we don't have information for this market at the moment
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