Is Cos Cob, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cos Cob has remained a Seller's Market.
Key Takeaway
Cos Cob is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cos Cob, CT
How much do homes in Cos Cob, CT cost?
Median Sold Price
$1,700,000
$549/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cos Cob have sold for 45.7% more than they did a year ago.
Summary: The median home sold price in Cos Cob was $1,700,000 in May 2024, up 45.7% from last year, and the median price per square foot was $549.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439K | - | N/A |
| 2 Bedrooms | $719K | $720K | 0.1% |
| 3 Bedrooms | $1.0M | $1.4M | +43.6% |
| 4 Bedrooms | $1.6M | $1.7M | +6.5% |
| 5+ Bedrooms | $1.7M | $2.3M | +30.1% |
Summary: Cos Cob housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 43.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 30.1%.
Median Sold Price Compared To Nearby Cities
| Cos Cob | $1.1M | $1.7M | +45.7% |
| Old Greenwich | $1.5M | $1.7M | +12.9% |
| Greenwich | $1.5M | $1.7M | +10.4% |
| Stamford | $589.7K | $610.4K | +3.5% |
| Riverside | $2.3M | $1.9M | -19.3% |
Housing Supply in Cos Cob, CT
How many homes are available in Cos Cob, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Summary: The Cos Cob real estate market had 11 homes for sale in May 2024, a 31.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Cos Cob housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cos Cob, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Cos Cob in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Cos Cob, CT
We’re sorry, we don't have information for this market at the moment
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