Is Old Lyme, CT 06371 a buyer’s or seller’s market?
Old Lyme is a seller’s market. With about 2.7 months of supply and 38% 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 supply2.7Under 4 months = seller’s market
Sold above original list38.1%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$372▲ +15.6% vs. last year
Run the numbers for 06371
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