$3,827 Closing Credit*
$322,252
1,359 SqFt
2 Beds
•2 Full Baths
Pamela Diaz, Listing Office: William Raveis Real Estate
Is Southington, 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, Southington has remained a Seller's Market.
Key Takeaway
Southington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southington, CT
How much do homes in Southington, CT cost?
Median Sold Price
$385,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,025(+10.0%)
Key Takeaway
Homes in Southington have sold for 10% more than they did a year ago.
Summary: The median home sold price in Southington was $385,000 in November 2024, up 10% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $171.4K | +38.8% |
| 2 Bedrooms | $240K | $271K | +12.9% |
| 3 Bedrooms | $350K | $390K | +11.4% |
| 4 Bedrooms | $520K | $515K | -1.0% |
| 5+ Bedrooms | $475K | $527.5K | +11.1% |
Summary: Southington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Plainville | $265K | $320K | +20.8% |
| Plantsville | $340K | $375K | +10.3% |
| Southington | $349.9K | $385K | +10.0% |
Housing Supply in Southington, CT
How many homes are available in Southington, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 115 | -10.9% |
Summary: The Southington real estate market had 115 homes for sale in November 2024, a 10.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 24 | 25 | +4.2% |
| 3 Bedrooms | 60 | 48 | -20.0% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Southington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 31 | -20.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southington, you could pay more than the asking price. 67.7% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Southington in November 2024, down by 20.5% month-over-month. Of the 31 sold homes, 16% were sold under asking, 16% were sold at asking, and 68% were sold over asking.
Days on Market for Southington, CT
We’re sorry, we don't have information for this market at the moment
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