$8,669 Closing Credit*
$730,000
1,493 SqFt
2 Beds
•2 Full Baths, 1 Partial
Geoff Gordon, Listing Office: Compass Connecticut, LLC
Is Mystic, 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, Mystic was a Seller's Market.
Key Takeaway
Mystic is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mystic, CT
How much do homes in Mystic, CT cost?
Median Sold Price
$500,000
$305/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Mystic has remained the same since last year.
Summary: The median home sold price in Mystic was $500,000 in November 2024, the same as last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | - | N/A |
| 2 Bedrooms | $238K | $492.6K | +107.0% |
| 3 Bedrooms | $487.5K | $497K | +1.9% |
| 4 Bedrooms | $659K | $510K | -22.6% |
| 5+ Bedrooms | $522.5K | $1.1M | +123.0% |
Summary: Mystic 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 107%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 123%.
Median Sold Price Compared To Nearby Cities
| Ledyard | $331K | $390K | +17.8% |
| Mystic | $500K | $500K | 0.0% |
Housing Supply in Mystic, CT
How many homes are available in Mystic, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 40 | -18.4% |
Summary: The Mystic real estate market had 40 homes for sale in November 2024, a 18.4% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 25 | 21 | -16.0% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mystic 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 decreased by 25%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 3 | -82.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mystic, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mystic in November 2024, down by 82.4% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mystic, CT
We’re sorry, we don't have information for this market at the moment
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