Is Washington, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Washington has remained a Buyer's Market.

Key Takeaway

Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Washington, CT

How much do homes in Washington, CT cost?

Median Sold Price

$1,137,500

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$86,500(+8.2%)

Key Takeaway

Homes in Washington have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Washington was $1,137,500 in November 2024, up 8.2% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K$700K
+169.2%
2 $472.5K$557.5K
+18.0%
3 $910K$952.5K
+4.7%
4 $1.6M$2.3M
+43.8%
5+ $1.3M$2.8M
+110.5%

Summary: Washington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 169.2%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes increased by 110.5%.

Housing Supply in Washington, CT

How many homes are available in Washington, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
38380.0%

Summary: The Washington real estate market had 38 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 76
-14.3%
3 1111
0.0%
4 910
+11.1%
5+ 1110
-9.1%

Summary: The Washington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Washington in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Washington, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Washington, CT

Nearby Markets to Washington, CT

What housing markets are near Washington, CT?