$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 November 2023
At the same time last year, Salisbury was a Seller's Market.
Key Takeaway
Salisbury is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Salisbury, CT
How much do homes in Salisbury, CT cost?
Median Sold Price
$925,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+3.2%)
Key Takeaway
Homes in Salisbury have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Salisbury was $925,000 in November 2024, up 3.2% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $457.3K | $355K | -22.4% |
| 2 Bedrooms | $455K | $379.5K | -16.6% |
| 3 Bedrooms | $750K | $750K | 0.0% |
| 4 Bedrooms | $1.4M | $1.1M | -21.7% |
| 5+ Bedrooms | $2.6M | $1.8M | -30.4% |
Summary: Salisbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes decreased by 30.4%.
Median Sold Price Compared To Nearby Cities
| Canaan | $324K | $370K | +14.2% |
| North Canaan | $245K | $255.9K | +4.4% |
| Salisbury | $896K | $925K | +3.2% |
| Lakeville | $896K | $882.5K | -1.5% |
Housing Supply in Salisbury, CT
How many homes are available in Salisbury, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Salisbury real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Salisbury 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 increased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Salisbury, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Salisbury in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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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