$6,472 Closing Credit*
$545,000
1,709 SqFt
4 Beds
•2 Full Baths
Tracy Edwards, Listing Office: Stacy Blake Realty LLC
Is Walnut Beach / Laurel Beach, 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, Walnut Beach / Laurel Beach has remained a Seller's Market.
Key Takeaway
Walnut Beach / Laurel Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walnut Beach / Laurel Beach, CT
How much do homes in Walnut Beach / Laurel Beach, CT cost?
Median Sold Price
$445,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,500(+4.8%)
Key Takeaway
Homes in Walnut Beach / Laurel Beach have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Walnut Beach / Laurel Beach was $445,000 in November 2024, up 4.8% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258.5K | $280K | +8.3% |
| 2 Bedrooms | $329K | $385K | +17.0% |
| 3 Bedrooms | $431K | $475K | +10.2% |
| 4 Bedrooms | $600K | $535K | -10.8% |
| 5+ Bedrooms | $1.0M | $713K | -28.7% |
Summary: Walnut Beach / Laurel Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 28.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Devon | $358K | $448.4K | +25.3% |
| Walnut Beach / Laurel Beach | $424.5K | $445K | +4.8% |
| Downtown / Harbor / Post Road South | $420K | $440K | +4.8% |
Housing Supply in Walnut Beach / Laurel Beach, CT
How many homes are available in Walnut Beach / Laurel Beach, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The Walnut Beach / Laurel Beach real estate market had 37 homes for sale in November 2024, a 2.8% increase 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Walnut Beach / Laurel Beach 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 increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut Beach / Laurel Beach, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Walnut Beach / Laurel Beach in November 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Walnut Beach / Laurel Beach, CT
We’re sorry, we don't have information for this market at the moment
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