Is Norwich, CT 06360 a buyer’s or seller’s market?
Norwich is a seller’s market. With about 1.9 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.9Under 4 months = seller’s market
Sold above original list55.8%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$203▲ +7.5% vs. last year
Run the numbers for 06360
Nearby markets
Baltic 06330Seller’s market $236 /sq ftBozrah 06334Seller’s market $236 /sq ftColchester 06415Seller’s market $265 /sq ftEast Lyme 06333Balanced $273 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology