Is Now a good time to buy a house in ct

Is Now a Good Time to Buy a House in CT? (Where to Buy)

Are you wondering if it’s a good time to buy a house right now in Connecticut? With high mortgage interest rates, a possible recession, and the slowdown of the real estate market- is now a good time to buy a house in Connecticut? Below is a list of towns in CT where it’s a good time to buy a house right now.

Is Now a good time to buy a house in ct
Is Now a Good Time to Buy a House in CT?

Is Connecticut in a Buyer’s Market or Seller’s Market right now? 

One way to tell if it’s a good time to buy a house right now is to see if we are in a buyer’s market or a seller’s market right now. According to Redfin’s December 2022 data, there is 1.7 months supply of homes in CT right now. This means Connecticut is in a seller’s market right now. One way to tell if it’s a good time to buy a house right now is to see if we are in a buyer’s market or a seller’s market right now. A balanced market would be a 5 to 6 months supply of homes and a buyer’s market will be greater than 6 months supply of homes. The best time to buy a house is when it’s a buyer’s market. A buyer’s market is when there is a lot of inventory of homes for sale but not enough buyers out there wanting to buy a home. 

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

Below is a list of towns in Connecticut where it’s a good time to buy a house right now because it’s a buyer’s market and a balanced market.

Coleytown, CT

Coleytown, CT is in a buyer’s market with 12 months supply of homes. 

Salmon Brook, CT

Salmon Brook, CT is in a buyer’s market with 10 months supply of homes. 

Lakeville, CT

Lakeville, CT is in a buyer’s market with 9 months supply of homes. 

Canaan, CT

Canaan, CT is in a buyer’s market with 8 months supply of homes. 

Wauregan, CT

Wauregan, CT is in a buyer’s market with 7 months supply of homes. 

New Canaan, CT

New Canaan, CT is in a balanced’s market with 5.6 months supply of homes. 

Check out: 40 Places in The US Where Homes are Still Selling Fast

Towns in Connecticut Where It’s a Seller’s Market

Below are towns in Connecticut where it’s a seller’s market. If you are thinking of buying a home in these Connecticut towns, it may make sense to wait until the Spring when there are more homes for sale. Spring is typically when you will see an uptick in listings because that’s when sellers list their homes for sale.

Lake Bungee, CT

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

Saugatuck, CT

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

Old Saybrook, CT

Old Saybrook, CT is in a seller’s market with 3.8 months supply of homes. 

Baltic, CT

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

Greenwich, CT

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

Candlewood Orchards, CT

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

Compo, CT

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

Georgetown, CT

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

Madison, CT

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

Noank, CT

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

Ridgebury, CT

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

South Windham, CT

South Windham, 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. 

Milford, CT

Milford, CT is in a seller’s market with 2.9 months supply of homes. 

Bethlehem Village, CT

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

Danielson, CT

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

Essex Village, CT

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

Broad Brook, CT

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

Durham, CT

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

Ridgefield, CT

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

Westport, CT

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

New Haven, CT

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

Bridgeport, CT

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

New London, CT

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

Northford, CT

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

Old Greenwich, CT

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

Cos Cob, CT

Cos Cob, CT is in a seller’s market with 2.4 months supply of homes. 

Lake Pocotopaug, CT

Lake Pocotopaug, CT is in a seller’s market with 2.4 months supply of homes. 

New Preston, CT

New Preston, CT is in a seller’s market with 2.4 months supply of homes. 

Oronoque, CT

Oronoque, CT is in a seller’s market with 2.4 months supply of homes. 

Wilton, CT

Wilton, CT is in a seller’s market with 2.4 months supply of homes. 

Brooklyn, CT

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

Greens Farms, CT

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

Higganum, CT

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

North Haven, CT

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

Plainfield, CT

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

Stafford Springs, CT

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

Terryville, CT

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

Derby, CT

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

Blue Hills, CT

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

Hartford, CT

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

Heritage, CT

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

Inglenook, CT

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

Litchfield, CT

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

Moodus, CT

Moodus, 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. 

South Coventry, CT

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

Stepney, CT

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

Torrington, CT

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

West Simsbury, CT

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

Westbrook, CT

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

Winsted, CT

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

Ansonia, CT

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

Guilford, CT

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

Oakville, CT

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

West Haven, CT

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

New Hartford, CT

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

Northwest Harwinton, CT

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

Rockville, CT

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

South Woodstock, CT

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

Stamford, CT

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

Willimantic, CT

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

Danbury, CT

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

East Brooklyn, CT

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

Gales Ferry, CT

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

Naugatuck, CT

Naugatuck, 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 1.7 months supply of homes. 

Putnam, CT

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

Riverside, CT

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

Sandy Hook, CT

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

Trumbull, CT

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

Deep River, CT

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

Groton, CT

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

Middletown, CT

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

Newtown, CT

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

North Granby, CT

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

Norwalk, CT

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

Southport, CT

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

Stratford, CT

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

Colchester, CT

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

Crystal Lake, CT

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

Lordship, CT

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

Norwich, CT

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

Poplar Plains, CT

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

Saybrook Manor, CT

Saybrook Manor, 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. 

Staples, CT

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

Storrs, CT

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

Waterbury, CT

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

Waterford, CT

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

Darien, CT

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

East Haven, CT

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

Kensington, CT

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

Meriden, CT

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

Mystic, CT

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

New Britain, CT

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

New Milford, CT

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

Trumbull , CT

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

Wethersfield, CT

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

Windsor Locks, CT

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

Bethel, CT

Bethel, 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 1.3 months supply of homes. 

Chester, CT

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

Daniels Farm, CT

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

East Hartford, CT

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

Glastonbury, CT

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

Plantsville, CT

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

Stonington, CT

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

Cheshire, CT

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

Shelton, CT

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

Southwood Acres, CT

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

Branford, CT

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

Ball Pond, CT

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

Brookfield, CT

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

Clinton, CT

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

Conning Towers-Nautilus Park, CT

Conning Towers-Nautilus Park, CT is in a seller’s market with 1 months supply of homes. 

Dayville, CT

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

Dodgingtown, CT

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

Gaylordsville, CT

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

Glenville, CT

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

Jewett City, CT

Jewett City, 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. 

Long Hill, CT

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

Manchester, CT

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

Mansfield, CT

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

Old Hill, CT

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

Orange, CT

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

Stratford, CT

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

Tashua, CT

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

Taylor Corners, CT

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

Wallingford, CT

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

Moosup, CT

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

Oxoboxo River, CT

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

Collinsville, CT

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

Coventry Lake, CT

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

Niantic, CT

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

Pawcatuck, CT

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

Thompsonville, CT

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

Watertown, CT

Watertown, 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. 

Groton Long Point, CT

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

Hazardville, CT

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

Noroton, CT

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

North Grosvenor Dale, CT

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

East Hampton, CT

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

Simsbury, CT

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

Canton Valley, CT

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

Newington, CT

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

Suffield Depot, CT

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

Tariffville, CT

Tariffville, 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. 

Old Mystic, CT

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

Poquonock Bridge, CT

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

Source: December 2022 real estate data from RedFin.

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