$3,770 Closing Credit*
$317,500
1,200 SqFt
3 Beds
•1 Full Bath
Bob La Perla, Listing Office: Berkshire Hathaway NE Prop.
Is Torrington, 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, Torrington has remained a Seller's Market.
Key Takeaway
Torrington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Torrington, CT
How much do homes in Torrington, CT cost?
Median Sold Price
$275,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,000(+14.6%)
Key Takeaway
Homes in Torrington have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Torrington was $275,000 in November 2024, up 14.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.5K | $141.5K | +16.5% |
| 2 Bedrooms | $185K | $231.2K | +25.0% |
| 3 Bedrooms | $245K | $280K | +14.3% |
| 4 Bedrooms | $289.9K | $300K | +3.5% |
| 5+ Bedrooms | $260K | $325K | +25.0% |
Summary: Torrington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
| Winchester | $230K | $275K | +19.6% |
| Harwinton | $357.4K | $415K | +16.1% |
| Torrington | $240K | $275K | +14.6% |
| Goshen | $562.5K | $640K | +13.8% |
| New Hartford | $378.7K | $385.4K | +1.8% |
Housing Supply in Torrington, CT
How many homes are available in Torrington, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 164 | -12.8% |
Summary: The Torrington real estate market had 164 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 39 | 33 | -15.4% |
| 3 Bedrooms | 75 | 64 | -14.7% |
| 4 Bedrooms | 43 | 42 | -2.3% |
| 5+ Bedrooms | 28 | 22 | -21.4% |
Summary: The Torrington 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 15.4%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 56 | +24.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Torrington, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.
Summary: A total of 56 homes were sold or pending in Torrington in November 2024, up by 24.4% month-over-month. Of the 56 sold homes, 32% were sold under asking, 7% were sold at asking, and 61% were sold over asking.
Days on Market for Torrington, CT
We’re sorry, we don't have information for this market at the moment
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