$10,500,000
6,844 SqFt
7 Beds
•5 Full Baths, 2 Partial
Timothy Drakeley, Listing Office: Drakeley Real Estate, Inc.
Is Warren, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Warren was a Buyer's Market.
Key Takeaway
Warren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warren, CT
How much do homes in Warren, CT cost?
Median Sold Price
$612,500
$374/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$1,947,500(-76.1%)
Key Takeaway
Homes in Warren have sold for 76.1% less than they did a month ago.
Summary: The median home sold price in Warren was $612,500 in October 2024, down 76.1% from last month, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $500K | N/A |
| 3 Bedrooms | - | $725K | N/A |
| 4 Bedrooms | $2.5M | $825K | -67.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Warren housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 67.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cornwall Bridge | $642.5K | $612.5K | -4.7% |
| New Preston Marble Dale | $1.5M | $995K | -34.4% |
| Warren | $2.5M | $612.5K | -76.1% |
Housing Supply in Warren, CT
How many homes are available in Warren, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Warren real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Warren 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Warren, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Warren in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Warren, CT
We’re sorry, we don't have information for this market at the moment
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