Is South End, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South End is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, South End was a Neutral Market.

Key Takeaway

South End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in South End, CT

How much do homes in South End, CT cost?

Median Sold Price

$313,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$73,000(+30.4%)

Key Takeaway

Homes in South End have sold for 30.4% more than they did a year ago.

Summary: The median home sold price in South End was $313,000 in November 2024, up 30.4% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $45K$57K
+26.7%
2 $83.9K$220K
+162.1%
3 $224K$262.5K
+17.2%
4 $281K$302.5K
+7.7%
5+ $340K$390K
+14.7%

Summary: South End housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 162.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Neighborhoods

South End
+30.4%
Barry Square
+20.8%

Housing Supply in South End, CT

How many homes are available in South End, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2024+20.0%

Summary: The South End real estate market had 24 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 58
+60.0%
4 55
0.0%
5+ 79
+28.6%

Summary: The South End 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 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South End, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in South End in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for South End, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in South End, CT

Nearby Markets to South End, CT