$5,800,000
6,216 SqFt
4 Beds
•2 Full Baths, 2 Partial
Elyse Harney Morris, Listing Office: Elyse Harney Real Estate
Is Salisbury, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Salisbury was a Seller's Market.
Key Takeaway
Salisbury is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Salisbury, CT
How much do homes in Salisbury, CT cost?
Median Sold Price
$865,000
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$61,000(-6.6%)
Key Takeaway
Homes in Salisbury have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Salisbury was $865,000 in October 2024, down 6.6% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $457.3K | $355K | -22.4% |
| 2 Bedrooms | $446.7K | $370K | -17.2% |
| 3 Bedrooms | $795K | $750K | -5.7% |
| 4 Bedrooms | $1.5M | $1.3M | -9.5% |
| 5+ Bedrooms | $2.4M | $1.8M | -21.9% |
Summary: Salisbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 21.9%.
Median Sold Price Compared To Nearby Cities
| North Canaan | $250K | $250.7K | 0.3% |
| Falls Village | $659.1K | $650K | -1.4% |
| Canaan | $350K | $340K | -2.9% |
| Salisbury | $926K | $865K | -6.6% |
| Lakeville | $917K | $847.5K | -7.6% |
Housing Supply in Salisbury, CT
How many homes are available in Salisbury, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Summary: The Salisbury real estate market had 28 homes for sale in October 2024, a 17.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Salisbury 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 18.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salisbury, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Salisbury in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Salisbury, CT
We’re sorry, we don't have information for this market at the moment
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