Cindy Breckheimer

Durham, CT

Single-Family Homes



Durham, CT

Tue Nov 29 2022
This week the median list price for Durham, CT is $599,900 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has increased to 13. Click here to stay informed with the Durham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Durham, CT

Tue Nov 29 2022
This week the median list price for Durham, CT is $599,900 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has increased to 13. Click here to stay informed with the Durham market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Durham market.
Median List Price $599,900
Median Price of New Listings $299,900
Per Square Foot $237
Average Days on Market 66
Median Days on Market 35
Price Decreased 31%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 39
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,995,000 10,633 0 - 4,500 sqft 16 7.5 202 0 0 56
$995,000 3,792 5 - 10 acres 4 3.5 20 0 1 161
$589,000 2,622 1 - 2.5 acres 4 2 69 0 0 21
$421,500 1,930 1 - 2.5 acres 4 2.3 61 1 0 10