Cindy Breckheimer

Durham, CT

Single-Family Homes



Durham, CT

Thu Sep 16 2021
This week the median list price for Durham, CT is $389,900 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 15. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Thu Sep 16 2021
This week the median list price for Durham, CT is $389,900 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 15. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $389,900
Median Price of New Listings $479,900
Per Square Foot $169
Average Days on Market 20
Median Days on Market 14
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$575,000 3,930 2.5 - 5 acres 3 3 33 1 2 21
$479,450 2,900 1 - 2.5 acres 3 2 27 1 0 7
$302,000 2,081 1 - 2.5 acres 4 2 81 1 2 17
$217,450 1,110 1 - 2.5 acres 2 1 76 0 0 28