$1.2M  
The 06340 zip code market broke below its 12-month average sales volume this week as sales slid 12.1% to hit 29 homes sold over the last 30 days. Meanwhile, the 06385 zip code reported 27 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 06340 zip code, and for this period the median sales price slid from $177,000 to $170,000. The 06340 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$1.4M  
With an emerging downward trend in sellers reducing price, including 32 markdowns over the last 30 days, sales in the 06340 zip code market remained the same with 32 over the same stretch of time. The median sales price dropped to $187,500, down from last week's $204,000.
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$819K  
The 06340 zip code market saw 20 homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales inched up to 30 over the last 30 days. As contracts trended lower, months of inventory rose, trending up for eight weeks to seven months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 06340 zip code is still a solid buyer's market.
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$459K  
There were 29 home sales in the 06340 zip code market over the last 30 days, while coming close to the 29.1 monthly average for the last 12 months. To put it in perspective, the close-by 06357 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 06340 zip code, and this period the median price of all sales fell from $257,500 to $234,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 06340 zip code is still a definite buyer's market.
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The 06340 zip code is a zip code in Connecticut with a median income of $50,955 per household. Besides being much less affluent than average, its population is much older than others with a median age of 32 years. The 06340 zip code market is primarily made up of detached homes, currently accounting for 88% overall. The top school in the zip code is Charles Barnum School.
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$129K  
In this week's report, the number of homes sold in the 06340 zip code market dropped to 28 over the past 30 days. It marked a decrease of 9.7% from last week's report and a fall below the monthly average. Meanwhile, the 06357 zip code reported 33 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 06340 zip code, with the median for this period rising from $209,900 to $257,500. The 06340 zip code is a solid buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$339K  
The 06340 zip code market saw 16 homes go under contract and failed to break out of a confirmed downward trend. Along with that, total home sales fell to 27 over the last 30 days. Potential buyers should note that prices went up in the 06340 zip code, with the median for this period rising from $179,000 to $209,900. A downturn in contracts, coupled with the availability of eight months of inventory, prove that the 06340 zip code is a solid buyer's market.
Comments:

$819K  
The 06340 zip code market broke below its 12-month average sales volume this week as sales dropped 14.7% to hit 29 homes sold over the last 30 days. In comparison, the nearby 06385 zip code had 30 sales in the same time frame, the most of all neighboring zip codes. Months of inventory is on a four-week upswing, this week hitting eight months. Along with the slip in sales, the higher-than-normal inventory indicates that the 06340 zip code is a strong buyer's market.
Comments:

$103K  
The 06340 zip code market may be experiencing a prolonged pullback as sales slumped again this week by 3.3% to 29 homes sold over the last 30 days. The median sales price climbed to $192,000, up from last week's $182,500. With a downward trend in sales numbers and eight months of inventory still left to work through, the 06340 zip code is a strong buyer's market.
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$169K  
With a determined upward trend of new sellers listing homes, including 50 over the last 30 days, and sales that have risen to 30 in that same time frame, the 06340 zip code market will be more intense. Potential buyers should note that prices went up in the 06340 zip code, with the median for this period rising from $175,000 to $182,500. The 06340 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
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