$7,066 Closing Credit*
$595,000
2,644 SqFt
4 Beds
•3 Full Baths
Margaret Young, Listing Office: CR Premier Properties
Is Pomfret, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pomfret has remained a Seller's Market.
Key Takeaway
Pomfret is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pomfret, CT
How much do homes in Pomfret, CT cost?
Median Sold Price
$430,000
$209/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$5,000(-1.1%)
Key Takeaway
Homes in Pomfret have sold for 1.1% less than they did a month ago.
Summary: The median home sold price in Pomfret was $430,000 in October 2024, down 1.1% from last month, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | - | N/A |
| 3 Bedrooms | $435K | $477.5K | +9.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $595K | $425K | -28.6% |
Summary: Pomfret 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 did not change, 3 bedroom homes increased by 9.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
| Pomfret Center | $355K | $430K | +21.1% |
| Pomfret | $435K | $430K | -1.1% |
Housing Supply in Pomfret, CT
How many homes are available in Pomfret, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Pomfret real estate market had 16 homes for sale in October 2024, a 15.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pomfret 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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pomfret, 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 Pomfret in October 2024, down by 25.0% 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 Pomfret, CT
We’re sorry, we don't have information for this market at the moment
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