Cindy Breckheimer

Killingworth, CT

Single-Family Homes


Killingworth, CT

Wed Dec 11 2024
This week the median list price for Killingworth, CT is $644,500 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has increased to 8. Click here to stay informed with the Killingworth market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Killingworth, CT

Wed Dec 11 2024
This week the median list price for Killingworth, CT is $644,500 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has increased to 8. Click here to stay informed with the Killingworth market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Killingworth market.
Median List Price $644,500
Median Price of New Listings $495,000
Per Square Foot $258
Average Days on Market 87
Median Days on Market 74
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 50
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,200,000 11,269 10 - 20 acres 7 8.3 140 0 0 154
$1,054,000 4,113 5 - 10 acres 4 3.8 38 0 0 31
$549,950 2,128 5 - 10 acres 3 1.8 142 0 0 21
$427,500 2,146 1 - 2.5 acres 4 2 120 1 0 140