Cindy Breckheimer

Orange, CT

Single-Family Homes



Orange, CT

Tue Oct 19 2021
This week the median list price for Orange, CT is $484,900 with the market action index hovering around 50. This is less than last month's market action index of 54. Inventory has increased to 25. Click here to stay informed with the Orange 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 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.

Orange, CT

Tue Oct 19 2021
This week the median list price for Orange, CT is $484,900 with the market action index hovering around 50. This is less than last month's market action index of 54. Inventory has increased to 25. Click here to stay informed with the Orange 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 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 Orange market.
Median List Price $484,900
Median Price of New Listings $489,900
Per Square Foot $222
Average Days on Market 84
Median Days on Market 49
Price Decreased 40%
Price Increased 0%
Relisted 8%
Inventory 25
Median Rent $1,895
Market Action 50
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
$769,000 3,543 1 - 2.5 acres 4 3 35 1 0 45
$496,900 2,484 0.5 - 1 acre 4 2 62 2 3 14
$464,500 2,041 0.5 - 1 acre 4 2 66 1 0 77
$394,000 1,559 0.5 - 1 acre 3 2 64 1 0 49