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 November 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

$308,500

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$59,500(+23.9%)

Key Takeaway

Homes in Northeast / North End have sold for 23.9% more than they did a year ago.

Summary: The median home sold price in Northeast / North End was $308,500 in November 2024, up 23.9% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $85K$233.5K
+174.7%
3 $197.5K$230K
+16.5%
4 $190K$277.5K
+46.1%
5+ $307.5K$385K
+25.2%

Summary: Northeast / North End 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 174.7%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 46.1%, and 5+ bedroom homes increased by 25.2%.

Median Sold Price Compared To Nearby Neighborhoods

Northeast / North End
+23.9%
Blue Hills
+11.8%

Housing Supply in Northeast / North End, CT

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Northeast / North End real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 56
+20.0%
4 21
-50.0%
5+ 55
0.0%

Summary: The Northeast / North End 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 increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

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 November 2024, the same as the previous 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 21 Days Ago

Newest Listings in Northeast / North End, CT

Nearby Markets to Northeast / North End, CT