$3,432 Closing Credit*
$289,000
1,050 SqFt
2 Beds
•2 Full Baths
Matt Nuzie, Listing Office: RE/MAX Right Choice
Is Shelton, 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, Shelton has remained a Seller's Market.
Key Takeaway
Shelton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelton, CT
How much do homes in Shelton, CT cost?
Median Sold Price
$498,333
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$51,553(+11.5%)
Key Takeaway
Homes in Shelton have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Shelton was $498,333 in November 2024, up 11.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $208.7K | +12.8% |
| 2 Bedrooms | $328K | $375K | +14.3% |
| 3 Bedrooms | $447K | $510K | +14.1% |
| 4 Bedrooms | $595K | $640K | +7.6% |
| 5+ Bedrooms | $510K | $760K | +49.0% |
Summary: Shelton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 49%.
Housing Supply in Shelton, CT
How many homes are available in Shelton, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 166 | 137 | -17.5% |
Summary: The Shelton real estate market had 137 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 39 | 32 | -17.9% |
| 3 Bedrooms | 76 | 62 | -18.4% |
| 4 Bedrooms | 36 | 31 | -13.9% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Shelton 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 decreased by 17.9%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 37 | -27.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelton, you could pay more than the asking price. 48.6% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Shelton in November 2024, down by 27.5% month-over-month. Of the 37 sold homes, 41% were sold under asking, 11% were sold at asking, and 49% were sold over asking.
Days on Market for Shelton, CT
We’re sorry, we don't have information for this market at the moment
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