$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.
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$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.
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$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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$620K  
This week in the 06340 zip code market, sales fell to 25 homes sold over the last 30 days, even as it endures a budding upward trend in price reductions, with 34 reported in the same time frame. The median sales price dropped to $175,000, down from last week's $186,950. Along with the slip in sales, a relatively high nine months of inventory indicates that the 06340 zip code is a solid buyer's market.
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With 30,712 residents, 06340 is a larger than average zip code in Connecticut. Also, with 1,343.2 people per square mile, it has a higher than average density in comparison to other parts of the state. It should be noted that 38.7% of the homes in the 06340 zip code are owned, while 49.2% are rentals. The best school in the zip code is Charles Barnum School.
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$129K  
The 06340 zip code market pulled back with a 9.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 29.5 monthly average with 28 homes sold. On the other hand, the close-by 06357 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $179,450 over the latest reporting period for the 06340 zip code, up from $174,000. With decreasing sales and the availability of eight months of inventory, the 06340 zip code is a definite buyer's market.
Comments:

$189K  
Sales have fallen to 27 homes sold over the last 30 days in the 06340 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 64 for the same period. The median sales price dropped to $174,000 over the latest reporting period for the 06340 zip code, down from $190,000. Along with the slip in sales, a relatively high eight months of inventory indicates that the 06340 zip code is a definite buyer's market.
Comments:

$879K  
This week in the 06340 zip code market, sales fell to 37 homes sold over the last 30 days, even as it endures a confirmed upward trend in price reductions, with 35 reported in the same time frame. Potential buyers should note that prices went up in the 06340 zip code, with the median for this period rising from $183,900 to $190,000.
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