$2,432 Closing Credit*
$204,778
840 SqFt
1 Bed
•1 Full Bath
Pina Basone, Listing Office: Keller Williams Prestige Prop.
Is Ridgefield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ridgefield has remained a Seller's Market.
Key Takeaway
Ridgefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ridgefield, CT
How much do homes in Ridgefield, CT cost?
Median Sold Price
$940,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+4.4%)
Key Takeaway
Homes in Ridgefield have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Ridgefield was $940,000 in November 2024, up 4.4% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $337K | +20.4% |
| 2 Bedrooms | $579K | $560K | -3.3% |
| 3 Bedrooms | $690K | $750K | +8.7% |
| 4 Bedrooms | $1.0M | $1.1M | +1.5% |
| 5+ Bedrooms | $1.5M | $1.6M | +7.3% |
Summary: Ridgefield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Redding | $794.4K | $875K | +10.1% |
| Wilton | $1.0M | $1.1M | +9.5% |
| South Salem | $782.5K | $835K | +6.7% |
| Ridgefield | $900K | $940K | +4.4% |
| Danbury | $421.3K | $440K | +4.4% |
Housing Supply in Ridgefield, CT
How many homes are available in Ridgefield, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 84 | -16.8% |
Summary: The Ridgefield real estate market had 84 homes for sale in November 2024, a 16.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 37 | 33 | -10.8% |
| 5+ Bedrooms | 24 | 14 | -41.7% |
Summary: The Ridgefield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 41.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridgefield, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Ridgefield in November 2024, up by 4.2% month-over-month. Of the 25 sold homes, 52% were sold under asking, 12% were sold at asking, and 36% were sold over asking.
Days on Market for Ridgefield, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.