$3,561 Closing Credit*
$299,900
1,176 SqFt
3 Beds
•1 Full Bath
Christine Johnson, Listing Office: RE/MAX ONE
Is Sterling, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sterling was a Neutral Market.
Key Takeaway
Sterling is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sterling, CT
How much do homes in Sterling, CT cost?
Median Sold Price
$362,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,500(+18.9%)
Key Takeaway
Homes in Sterling have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Sterling was $362,500 in November 2024, up 18.9% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | - | N/A |
| 2 Bedrooms | $240.7K | $305K | +26.7% |
| 3 Bedrooms | $318.4K | $359.9K | +13.0% |
| 4 Bedrooms | $399.9K | $477K | +19.3% |
| 5+ Bedrooms | $335K | $379K | +13.1% |
Summary: Sterling housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Sterling | $305K | $362.5K | +18.9% |
| Plainfield | $295K | $310K | +5.1% |
| Moosup | $325K | $310K | -4.6% |
Housing Supply in Sterling, CT
How many homes are available in Sterling, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 13 | -40.9% |
Summary: The Sterling real estate market had 13 homes for sale in November 2024, a 40.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 11 | -42.1% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sterling 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 remained the same, 3 bedroom homes decreased by 42.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sterling, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Sterling in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Sterling, CT
We’re sorry, we don't have information for this market at the moment
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