Is Reservoir / Whiskey Hill, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reservoir / Whiskey Hill is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Reservoir / Whiskey Hill was a Seller's Market.

Key Takeaway

Reservoir / Whiskey Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Reservoir / Whiskey Hill, CT

How much do homes in Reservoir / Whiskey Hill, CT cost?

Median Sold Price

$362,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,000(+16.8%)

Key Takeaway

Homes in Reservoir / Whiskey Hill have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in Reservoir / Whiskey Hill was $362,000 in November 2024, up 16.8% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K-
N/A
2 $254.7K$265K
+4.0%
3 $300K$355K
+18.3%
4 $361.2K$430K
+19.0%
5+ $425K$605K
+42.4%

Summary: Reservoir / Whiskey Hill 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 4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 42.4%.

Median Sold Price Compared To Nearby Neighborhoods

Reservoir / Whiskey Hill
+16.8%
North End Area
+16.1%
North End
+15.5%
North Bridgeport
+8.9%

Housing Supply in Reservoir / Whiskey Hill, CT

How many homes are available in Reservoir / Whiskey Hill, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2927-6.9%

Summary: The Reservoir / Whiskey Hill real estate market had 27 homes for sale in November 2024, a 6.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1410
-28.6%
4 1212
0.0%
5+ 02
+100.0%

Summary: The Reservoir / Whiskey Hill 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 decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reservoir / Whiskey Hill, 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 Reservoir / Whiskey Hill in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Reservoir / Whiskey Hill, 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 17 Days Ago

Newest Listings in Reservoir / Whiskey Hill, CT

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