Is New Preston Marble Dale, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Preston Marble Dale is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, New Preston Marble Dale was a Seller's Market.

Key Takeaway

New Preston Marble Dale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Preston Marble Dale, CT

How much do homes in New Preston Marble Dale, CT cost?

Median Sold Price

$995,000

$621/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$521,000(-34.4%)

Key Takeaway

Homes in New Preston Marble Dale have sold for 34.4% less than they did a month ago.

Summary: The median home sold price in New Preston Marble Dale was $995,000 in October 2024, down 34.4% from last month, and the median price per square foot was $621.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $531K$995K
+87.4%
3 --
N/A
4 $3.5M-
N/A
5+ --
N/A

Summary: New Preston Marble Dale housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Preston Marble Dale
-34.4%
Warren
-76.1%

Housing Supply in New Preston Marble Dale, CT

How many homes are available in New Preston Marble Dale, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1513-13.3%

Summary: The New Preston Marble Dale real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 45
+25.0%
4 53
-40.0%
5+ 33
0.0%

Summary: The New Preston Marble Dale 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 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Preston Marble Dale, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in New Preston Marble Dale in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for New Preston Marble Dale, 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 20 Days Ago

Newest Listings in New Preston Marble Dale, CT

Nearby Markets to New Preston Marble Dale, CT

What housing markets are near New Preston Marble Dale, CT?