Is Northeast / North End, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast / North End is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Northeast / North End has remained a Seller's Market.

Key Takeaway

Northeast / North End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northeast / North End, CT

How much do homes in Northeast / North End, CT cost?

Median Sold Price

$307,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,000(+22.8%)

Key Takeaway

Homes in Northeast / North End have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Northeast / North End was $307,000 in October 2024, up 22.8% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $85K$233.5K
+174.7%
3 $197.5K$230K
+16.5%
4 $190K$275K
+44.7%
5+ $305K$376.2K
+23.4%

Summary: Northeast / North End 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 increased by 174.7%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 44.7%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Neighborhoods

Northeast / North End
+22.8%
Blue Hills
+10.6%
Clay Arsenal
0.0%

Housing Supply in Northeast / North End, CT

How many homes are available in Northeast / North End, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2114-33.3%

Summary: The Northeast / North End real estate market had 14 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 65
-16.7%
4 32
-33.3%
5+ 84
-50.0%

Summary: The Northeast / North End 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 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast / North End, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Northeast / North End in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Northeast / North End, 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 Northeast / North End, CT

Nearby Markets to Northeast / North End, CT