$8,311 Closing Credit*
$699,900
2,630 SqFt
4 Beds
•3 Full Baths
Amy Rio, Listing Office: Executive Real Estate Inc.
Is Simsbury, 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, Simsbury has remained a Seller's Market.
Key Takeaway
Simsbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Simsbury, CT
How much do homes in Simsbury, CT cost?
Median Sold Price
$455,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,750(+5.5%)
Key Takeaway
Homes in Simsbury have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Simsbury was $455,000 in November 2024, up 5.5% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $167K | +25.6% |
| 2 Bedrooms | $270K | $278.6K | +3.2% |
| 3 Bedrooms | $389.4K | $428.2K | +10.0% |
| 4 Bedrooms | $482.5K | $557.5K | +15.5% |
| 5+ Bedrooms | $682.5K | $737.5K | +8.1% |
Summary: Simsbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Cities
| West Simsbury | $503K | $580K | +15.3% |
| Bloomfield | $315K | $347K | +10.2% |
| Simsbury | $431.2K | $455K | +5.5% |
| Weatogue | $380K | $362.5K | -4.6% |
Housing Supply in Simsbury, CT
How many homes are available in Simsbury, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 72 | -19.1% |
Summary: The Simsbury real estate market had 72 homes for sale in November 2024, a 19.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 30 | 23 | -23.3% |
| 4 Bedrooms | 29 | 20 | -31.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Simsbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Simsbury, you could pay more than the asking price. 81.5% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Simsbury in November 2024, the same as the previous month. Of the 27 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% were sold over asking.
Days on Market for Simsbury, CT
We’re sorry, we don't have information for this market at the moment
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