$3,561 Closing Credit*
$299,900
912 SqFt
2 Beds
•1 Full Bath
Joseph Harvey, Listing Office: Best Real Estate Brokerage LLC
Is Southington, 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, 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
$379,990
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,990(+10.1%)
Key Takeaway
Homes in Southington have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Southington was $379,990 in October 2024, up 10.1% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $161.5K | +30.8% |
| 2 Bedrooms | $239.5K | $270K | +12.7% |
| 3 Bedrooms | $349K | $385K | +10.3% |
| 4 Bedrooms | $530K | $519K | -2.1% |
| 5+ Bedrooms | $475K | $527.5K | +11.1% |
Summary: Southington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Plainville | $260K | $310K | +19.2% |
| Plantsville | $340K | $375K | +10.3% |
| Southington | $345K | $379.9K | +10.1% |
Housing Supply in Southington, CT
How many homes are available in Southington, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 131 | +15.9% |
Summary: The Southington real estate market had 131 homes for sale in October 2024, a 15.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 52 | 60 | +15.4% |
| 4 Bedrooms | 31 | 36 | +16.1% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Southington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southington, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Southington in October 2024, up by 9.4% month-over-month. Of the 35 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Southington, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.