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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washington Depot is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Washington Depot, CT

How much do homes in Washington Depot, CT cost?

Median Sold Price

$800,000

$404/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$887,500(-52.6%)

Key Takeaway

Homes in Washington Depot have sold for 52.6% less than they did a year ago.

Summary: The median home sold price in Washington Depot was $800,000 in October 2024, down 52.6% from last year, and the median price per square foot was $404.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$504K
N/A
3 $670K$645K
-3.7%
4 $1.9M$1.6M
-12.8%
5+ $6.2M-
N/A

Summary: Washington Depot housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington
+18.2%
Morris
+14.9%
Washington Depot
-52.6%

Housing Supply in Washington Depot, CT

How many homes are available in Washington Depot, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Washington Depot real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 23
+50.0%
4 11
0.0%
5+ 33
0.0%

Summary: The Washington Depot 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washington Depot, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Washington Depot in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Washington Depot, 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 16 Days Ago

Newest Listings in Washington Depot, CT

Nearby Markets to Washington Depot, CT

What housing markets are near Washington Depot, CT?