Is Now a Good Time to Buy a House?

Is Now a Good Time to Buy a House in Connecticut?

If you are thinking about buying a house in Connecticut, you might be wondering if the timing is right. One way to find out if it’s a good time to buy a house is to look at the type of market we are in: a buyer’s market or a seller’s market.

A buyer’s market is when there are more homes for sale than buyers who want to buy them. While a seller’s market is when there are more buyers than homes for sale. This means that sellers have the upper hand, and they can often sell their homes faster and for higher prices.

One indicator is the available months supply of homes in the market. Connecticut has a 1.5 months supply of homes in the market right now. This means that Connecticut is in a strong seller’s market, and it’s not the best time to buy a house in Connecticut. 

Ideally, we’d like to buy a house when it’s a buyer’s market with more than 6 months supply of homes. 

Connecticut Towns Where It’s a Good Time to Buy a House

Connecticut is in a seller’s market right now but there are a few towns where it’s a good time to buy a house right now based on their Months of Supply indicator.

Madison (Center), CT

It’s a good time to buy a house in Madison right now. Madison is in a balanced market with 5 months supply of homes. This means that buyers and sellers have equal bargaining power and prices are fair.

Stepney, CT

It’s also a good time to buy a house in Stepney right now. Stepney, CT is in a balanced market with 5 months supply of homes. Both buyers and sellers have equal bargaining power and prices are reasonable.

New Preston, CT

New Preston is another town where it’s a good time to buy a house. New Preston, CT is in a balanced market with 5.5 months supply of homes. 

Northford, CT

It’s also a good time to buy a house in Northford. Northford, CT is in a balanced market with 5.7 months supply of homes. 

Westbrook Center, CT

Westbrook is in a buyer’s market. It has a 6 months supply of homes. 

Tashua, CT

Tashau is also in a buyer’s market, it a good time to buy a house in Tashua where there is a 7 months supply of homes. 

East Hampton, CT

East Hampton is in a buyer’s market right now with a 9 months supply of homes. 

Westport (Village), CT

It’s a good time to buy a house in Westport right now. There are a lot of housing inventory with 10 months supply of homes. 

Cos Cob, CT

Now is a really good time to be a buyer in Cos Cob. Cos Cob is solidly in a buyer’s market with 13 months supply of homes! 

You might be interested in reading about the jaw-dropping wealth of the Richest Towns in Connecticut

Connecticut Towns in a Seller’s Market

Most towns in Connecticut are in a seller’s market, check out the town by town months of supply metric below.

Plantsville, CT

Plantsville, CT is in a seller’s market with 0.1 months supply of homes. 

Georgetown, CT

Georgetown, CT is in a seller’s market with 0.2 months supply of homes. 

New Hartford Center, CT

New Hartford Center, CT is in a seller’s market with 0.2 months supply of homes. 

Glenville, CT

Glenville, CT is in a seller’s market with 0.3 months supply of homes. 

North Grosvenor Dale, CT

North Grosvenor Dale, CT is in a seller’s market with 0.3 months supply of homes. 

Oxoboxo River, CT

Oxoboxo River, CT is in a seller’s market with 0.3 months supply of homes. 

Chester Center, CT

Chester Center, CT is in a seller’s market with 0.4 months supply of homes. 

Ridgebury, CT

Ridgebury, CT is in a seller’s market with 0.4 months supply of homes. 

Darien Downtown, CT

Darien Downtown, CT is in a seller’s market with 0.5 months supply of homes. 

Hazardville, CT

Hazardville, CT is in a seller’s market with 0.5 months supply of homes. 

Lakes West, CT

Lakes West, CT is in a seller’s market with 0.5 months supply of homes. 

Noroton Heights, CT

Noroton Heights, CT is in a seller’s market with 0.5 months supply of homes. 

North Granby, CT

North Granby, CT is in a seller’s market with 0.5 months supply of homes. 

Wallingford Center, CT

Wallingford Center, CT is in a seller’s market with 0.5 months supply of homes. 

Weatogue, CT

Weatogue, CT is in a seller’s market with 0.5 months supply of homes. 

Daniels Farm, CT

Daniels Farm, CT is in a seller’s market with 0.6 months supply of homes. 

Durham, CT

Durham, CT is in a seller’s market with 0.6 months supply of homes. 

Moosup, CT

Moosup, CT is in a seller’s market with 0.6 months supply of homes. 

New Canaan, CT

New Canaan, CT is in a seller’s market with 0.6 months supply of homes. 

Putnam, CT

Putnam, CT is in a seller’s market with 0.6 months supply of homes. 

Wilton Center, CT

Wilton Center, CT is in a seller’s market with 0.6 months supply of homes. 

Colchester, CT

Colchester, CT is in a seller’s market with 0.7 months supply of homes. 

Coventry Lake, CT

Coventry Lake, CT is in a seller’s market with 0.7 months supply of homes. 

Old Greenwich, CT

Old Greenwich, CT is in a seller’s market with 0.7 months supply of homes. 

Old Mystic, CT

Old Mystic, CT is in a seller’s market with 0.7 months supply of homes. 

Simsbury Center, CT

Simsbury Center, CT is in a seller’s market with 0.7 months supply of homes. 

Thompsonville, CT

Thompsonville, CT is in a seller’s market with 0.7 months supply of homes. 

West Simsbury, CT

West Simsbury, CT is in a seller’s market with 0.7 months supply of homes. 

Wethersfield, CT

Wethersfield, CT is in a seller’s market with 0.7 months supply of homes. 

Windsor Locks, CT

Windsor Locks, CT is in a seller’s market with 0.7 months supply of homes. 

Blue Hills, CT

Blue Hills, CT is in a seller’s market with 0.8 months supply of homes. 

Clinton, CT

Clinton, CT is in a seller’s market with 0.8 months supply of homes. 

Greens Farms, CT

Greens Farms, CT is in a seller’s market with 0.8 months supply of homes. 

Lake Pocotopaug, CT

Lake Pocotopaug, CT is in a seller’s market with 0.8 months supply of homes. 

Manchester, CT

Manchester, CT is in a seller’s market with 0.8 months supply of homes. 

Northwest Harwinton, CT

Northwest Harwinton, CT is in a seller’s market with 0.8 months supply of homes. 

Orange, CT

Orange, CT is in a seller’s market with 0.8 months supply of homes. 

Saybrook Manor, CT

Saybrook Manor, CT is in a seller’s market with 0.8 months supply of homes. 

Sherwood Manor, CT

Sherwood Manor, CT is in a seller’s market with 0.8 months supply of homes. 

West Hartford, CT

West Hartford, CT is in a seller’s market with 0.8 months supply of homes. 

Danielson, CT

Danielson, CT is in a seller’s market with 0.9 months supply of homes. 

Darien, CT

Darien, CT is in a seller’s market with 0.9 months supply of homes. 

Gales Ferry, CT

Gales Ferry, CT is in a seller’s market with 0.9 months supply of homes. 

Glastonbury Center, CT

Glastonbury Center, CT is in a seller’s market with 0.9 months supply of homes. 

Groton, CT

Groton, CT is in a seller’s market with 0.9 months supply of homes. 

Kensington, CT

Kensington, CT is in a seller’s market with 0.9 months supply of homes. 

Stafford Springs, CT

Stafford Springs, CT is in a seller’s market with 0.9 months supply of homes. 

Terryville, CT

Terryville, CT is in a seller’s market with 0.9 months supply of homes. 

Bantam, CT

Bantam, CT is in a seller’s market with 1 months supply of homes. 

Broad Brook, CT

Broad Brook, CT is in a seller’s market with 1 months supply of homes. 

Byram, CT

Byram, CT is in a seller’s market with 1 months supply of homes. 

Candlewood Lake Club, CT

Candlewood Lake Club, CT is in a seller’s market with 1 months supply of homes. 

Crystal Lake, CT

Crystal Lake, CT is in a seller’s market with 1 months supply of homes. 

Lake Bungee, CT

Lake Bungee, CT is in a seller’s market with 1 months supply of homes. 

Lake Chaffee, CT

Lake Chaffee, CT is in a seller’s market with 1 months supply of homes. 

Lakes East, CT

Lakes East, CT is in a seller’s market with 1 months supply of homes. 

Noank, CT

Noank, CT is in a seller’s market with 1 months supply of homes. 

Norfolk, CT

Norfolk, CT is in a seller’s market with 1 months supply of homes. 

Oakville, CT

Oakville, CT is in a seller’s market with 1 months supply of homes. 

Salmon Brook, CT

Salmon Brook, CT is in a seller’s market with 1 months supply of homes. 

South Wilton, CT

South Wilton, CT is in a seller’s market with 1 months supply of homes. 

Southwood Acres, CT

Southwood Acres, CT is in a seller’s market with 1 months supply of homes. 

Storrs, CT

Storrs, CT is in a seller’s market with 1 months supply of homes. 

East Hartford, CT

East Hartford, CT is in a seller’s market with 1.1 months supply of homes. 

Newington, CT

Newington, CT is in a seller’s market with 1.1 months supply of homes. 

North Haven, CT

North Haven, CT is in a seller’s market with 1.1 months supply of homes. 

Norwich, CT

Norwich, CT is in a seller’s market with 1.1 months supply of homes. 

Willimantic, CT

Willimantic, CT is in a seller’s market with 1.1 months supply of homes. 

Cheshire Village, CT

Cheshire Village, CT is in a seller’s market with 1.2 months supply of homes. 

Danbury, CT

Danbury, CT is in a seller’s market with 1.2 months supply of homes. 

Jewett City, CT

Jewett City, CT is in a seller’s market with 1.2 months supply of homes. 

New Britain, CT

New Britain, CT is in a seller’s market with 1.2 months supply of homes. 

Noroton, CT

Noroton, CT is in a seller’s market with 1.2 months supply of homes. 

South Windham, CT

South Windham, CT is in a seller’s market with 1.2 months supply of homes. 

Tokeneke, CT

Tokeneke, CT is in a seller’s market with 1.2 months supply of homes. 

Brooklyn, CT

Brooklyn, CT is in a seller’s market with 1.3 months supply of homes. 

Meriden, CT

Meriden, CT is in a seller’s market with 1.3 months supply of homes. 

Middletown, CT

Middletown, CT is in a seller’s market with 1.3 months supply of homes. 

New London, CT

New London, CT is in a seller’s market with 1.3 months supply of homes. 

Newtown, CT

Newtown, CT is in a seller’s market with 1.3 months supply of homes. 

Pawcatuck, CT

Pawcatuck, CT is in a seller’s market with 1.3 months supply of homes. 

Pemberwick, CT

Pemberwick, CT is in a seller’s market with 1.3 months supply of homes. 

Tariffville, CT

Tariffville, CT is in a seller’s market with 1.3 months supply of homes. 

Bristol, CT

Bristol, CT is in a seller’s market with 1.4 months supply of homes. 

Stamford, CT

Stamford, CT is in a seller’s market with 1.4 months supply of homes. 

Stonington, CT

Stonington, CT is in a seller’s market with 1.4 months supply of homes. 

Trumbull Center, CT

Trumbull Center, CT is in a seller’s market with 1.4 months supply of homes. 

West Haven, CT

West Haven, CT is in a seller’s market with 1.4 months supply of homes. 

Winsted, CT

Winsted, CT is in a seller’s market with 1.4 months supply of homes. 

Baltic, CT

Baltic, CT is in a seller’s market with 1.5 months supply of homes. 

Derby, CT

Derby, CT is in a seller’s market with 1.5 months supply of homes. 

East Brooklyn, CT

East Brooklyn, CT is in a seller’s market with 1.5 months supply of homes. 

Higganum, CT

Higganum, CT is in a seller’s market with 1.5 months supply of homes. 

Milford, CT

Milford, CT is in a seller’s market with 1.5 months supply of homes. 

Moodus, CT

Moodus, CT is in a seller’s market with 1.5 months supply of homes. 

Norwalk, CT

Norwalk, CT is in a seller’s market with 1.5 months supply of homes. 

Old Saybrook Center, CT

Old Saybrook Center, CT is in a seller’s market with 1.5 months supply of homes. 

Somers, CT

Somers, CT is in a seller’s market with 1.5 months supply of homes. 

Stratford, CT

Stratford, CT is in a seller’s market with 1.5 months supply of homes. 

Lakeville, CT

Lakeville, CT is in a seller’s market with 1.6 months supply of homes. 

Naugatuck, CT

Naugatuck, CT is in a seller’s market with 1.6 months supply of homes. 

Trumbull, CT

Trumbull, CT is in a seller’s market with 1.6 months supply of homes. 

Watertown, CT

Watertown, CT is in a seller’s market with 1.6 months supply of homes. 

Bethel, CT

Bethel, CT is in a seller’s market with 1.7 months supply of homes. 

Bridgeport, CT

Bridgeport, CT is in a seller’s market with 1.7 months supply of homes. 

East Haven, CT

East Haven, CT is in a seller’s market with 1.7 months supply of homes. 

Hartford, CT

Hartford, CT is in a seller’s market with 1.7 months supply of homes. 

Rockville, CT

Rockville, CT is in a seller’s market with 1.7 months supply of homes. 

Southport, CT

Southport, CT is in a seller’s market with 1.7 months supply of homes. 

Waterbury, CT

Waterbury, CT is in a seller’s market with 1.7 months supply of homes. 

Portland, CT

Portland, CT is in a seller’s market with 1.8 months supply of homes. 

Shelton, CT

Shelton, CT is in a seller’s market with 1.8 months supply of homes. 

Ansonia, CT

Ansonia, CT is in a seller’s market with 1.9 months supply of homes. 

Heritage Village, CT

Heritage Village, CT is in a seller’s market with 1.9 months supply of homes. 

Oronoque, CT

Oronoque, CT is in a seller’s market with 1.9 months supply of homes. 

Torrington, CT

Torrington, CT is in a seller’s market with 1.9 months supply of homes. 

Bigelow Corners, CT

Bigelow Corners, CT is in a seller’s market with 2 months supply of homes. 

Botsford, CT

Botsford, CT is in a seller’s market with 2 months supply of homes. 

Brookfield Center, CT

Brookfield Center, CT is in a seller’s market with 2 months supply of homes. 

Canaan, CT

Canaan, CT is in a seller’s market with 2 months supply of homes. 

Candlewood Shores, CT

Candlewood Shores, CT is in a seller’s market with 2 months supply of homes. 

Coleytown, CT

Coleytown, CT is in a seller’s market with 2 months supply of homes. 

Conning Towers-Nautilus Park, CT

Conning Towers-Nautilus Park, CT is in a seller’s market with 2 months supply of homes. 

Deep River Center, CT

Deep River Center, CT is in a seller’s market with 2 months supply of homes. 

Mystic, CT

Mystic, CT is in a seller’s market with 2 months supply of homes. 

Plainfield Village, CT

Plainfield Village, CT is in a seller’s market with 2 months supply of homes. 

Sharon, CT

Sharon, CT is in a seller’s market with 2 months supply of homes. 

Waterford, CT

Waterford, CT is in a seller’s market with 2 months supply of homes. 

Guilford Center, CT

Guilford Center, CT is in a seller’s market with 2.1 months supply of homes. 

East Village, CT

East Village, CT is in a seller’s market with 2.2 months supply of homes. 

New Milford, CT

New Milford, CT is in a seller’s market with 2.2 months supply of homes. 

Litchfield, CT

Litchfield, CT is in a seller’s market with 2.3 months supply of homes. 

Lordship, CT

Lordship, CT is in a seller’s market with 2.3 months supply of homes. 

Ridgefield, CT

Ridgefield, CT is in a seller’s market with 2.3 months supply of homes. 

Saugatuck, CT

Saugatuck, CT is in a seller’s market with 2.3 months supply of homes. 

Suffield Depot, CT

Suffield Depot, CT is in a seller’s market with 2.5 months supply of homes. 

Branford Center, CT

Branford Center, CT is in a seller’s market with 2.6 months supply of homes. 

Compo, CT

Compo, CT is in a seller’s market with 2.7 months supply of homes. 

Greenwich, CT

Greenwich, CT is in a seller’s market with 2.7 months supply of homes. 

Riverside, CT

Riverside, CT is in a seller’s market with 2.8 months supply of homes. 

Sandy Hook, CT

Sandy Hook, CT is in a seller’s market with 2.8 months supply of homes. 

Long Hill, CT

Long Hill, CT is in a seller’s market with 3 months supply of homes. 

Westport, CT

Westport, CT is in a seller’s market with 3 months supply of homes. 

Woodmont, CT

Woodmont, CT is in a seller’s market with 3 months supply of homes. 

Niantic, CT

Niantic, CT is in a seller’s market with 3.3 months supply of homes. 

New Haven, CT

New Haven, CT is in a seller’s market with 3.5 months supply of homes. 

South Woodstock, CT

South Woodstock, CT is in a seller’s market with 4 months supply of homes. 

Woodbury Center, CT

Woodbury Center, CT is in a seller’s market with 4 months supply of homes. 

Essex Village, CT

Essex Village, CT is in a seller’s market with 4.5 months supply of homes. 

Staples, CT

Staples, CT is in a seller’s market with 4.5 months supply of homes. 

You might be interested in reading about the jaw-dropping wealth of the Richest Towns in Connecticut

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