Is Windsor Locks, 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, Windsor Locks has remained a Seller's Market.
Key Takeaway
Windsor Locks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Windsor Locks, CT
How much do homes in Windsor Locks, CT cost?
Median Sold Price
$281,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Windsor Locks have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Windsor Locks was $281,000 in May 2024, up 10.2% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $141K | +14.2% |
| 2 Bedrooms | $230K | $235K | +2.2% |
| 3 Bedrooms | $268.9K | $305K | +13.4% |
| 4 Bedrooms | $282.5K | $325K | +15.0% |
| 5+ Bedrooms | - | $285K | N/A |
Summary: Windsor Locks housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Windsor Locks | $255K | $281K | +10.2% |
| Suffield | $402K | $438.9K | +9.2% |
| Windsor | $305K | $330K | +8.2% |
| East Windsor | $285K | $289.5K | +1.6% |
| East Granby | $355K | $356K | 0.3% |
Housing Supply in Windsor Locks, CT
How many homes are available in Windsor Locks, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Windsor Locks real estate market had 36 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 23 | 16 | -30.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Windsor Locks housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Windsor Locks, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Windsor Locks in May 2024, down by 25.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Windsor Locks, CT
How long does it take to sell a home in Windsor Locks, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Windsor Locks are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Windsor Locks; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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