$7,363 Closing Credit*
$620,000
2,046 SqFt
3 Beds
•2 Full Baths, 1 Partial
Janet Lengel, Listing Office: Coldwell Banker Realty
Is Shelton, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$493,750
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,750(+11.0%)
Key Takeaway
Homes in Shelton have sold for 11% more than they did a year ago.
Summary: The median home sold price in Shelton was $493,750 in October 2024, up 11% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $208.7K | +12.8% |
| 2 Bedrooms | $305K | $365K | +19.7% |
| 3 Bedrooms | $445K | $510K | +14.6% |
| 4 Bedrooms | $575K | $645K | +12.2% |
| 5+ Bedrooms | $501K | $760K | +51.7% |
Summary: Shelton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 51.7%.
Housing Supply in Shelton, CT
How many homes are available in Shelton, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 151 | 162 | +7.3% |
Summary: The Shelton real estate market had 162 homes for sale in October 2024, a 7.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 38 | 37 | -2.6% |
| 3 Bedrooms | 63 | 75 | +19.0% |
| 4 Bedrooms | 37 | 34 | -8.1% |
| 5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Shelton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 51 | +41.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelton, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 51 homes were sold or pending in Shelton in October 2024, up by 41.7% month-over-month. Of the 51 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% 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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