Is East Granby, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Granby has remained a Seller's Market.
Key Takeaway
East Granby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Granby, CT
How much do homes in East Granby, CT cost?
Median Sold Price
$356,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in East Granby has remained the same since last year.
Summary: The median home sold price in East Granby was $356,000 in May 2024, up 0.3% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $166K | $177.5K | +6.9% |
| 3 Bedrooms | $359.9K | $340K | -5.6% |
| 4 Bedrooms | $364.5K | $488.9K | +34.1% |
| 5+ Bedrooms | $650K | $462.5K | -28.8% |
Summary: East Granby housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes decreased by 28.8%.
Median Sold Price Compared To Nearby Cities
| West Suffield | $355K | $498K | +40.3% |
| Simsbury | $400K | $450K | +12.5% |
| Windsor Locks | $255K | $281K | +10.2% |
| East Granby | $355K | $356K | 0.3% |
Housing Supply in East Granby, CT
How many homes are available in East Granby, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Summary: The East Granby real estate market had 14 homes for sale in May 2024, a 33.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Granby housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Granby, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in East Granby in May 2024, down by 61.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Granby, CT
We’re sorry, we don't have information for this market at the moment
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