$10,000 Closing Credit*
$995,000
3,541 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jonathan Makovsky, Listing Office: Compass Connecticut, LLC
Is Springdale, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Springdale was a Seller's Market.
Key Takeaway
Springdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Springdale, CT
How much do homes in Springdale, CT cost?
Median Sold Price
$587,500
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,500(+4.9%)
Key Takeaway
Homes in Springdale have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Springdale was $587,500 in October 2024, up 4.9% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | $225K | -3.2% |
| 2 Bedrooms | $445K | $477.5K | +7.3% |
| 3 Bedrooms | $640K | $625K | -2.3% |
| 4 Bedrooms | $631K | $745K | +18.1% |
| 5+ Bedrooms | $850K | $900K | +5.9% |
Summary: Springdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Belltown | $539.5K | $682.5K | +26.5% |
| Turn of River | $675K | $735K | +8.9% |
| Springdale | $560K | $587.5K | +4.9% |
| Newfield | $920K | $887.5K | -3.5% |
Housing Supply in Springdale, CT
How many homes are available in Springdale, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Springdale real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Springdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Springdale, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Springdale in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Springdale, CT
We’re sorry, we don't have information for this market at the moment
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