Real Estate Market Statistics for Cheshire CT for April 2023

Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

What’s My Cheshire CT Home Worth, Market Statistics for April 2023

Cheshire is a town in New Haven County offering a high quality of life. It has a population of app 29,000. It offers an easy commute to New Haven CT of 14 miles; it borders Waterbury CT and is just 25 miles south of Hartford, the state capital.


Currently in Cheshire CT there are 16 active residential listings for sale. They range from a 1,598 square ft, 4-bedroom cape listed at $349,900

 to a 4,015 square ft, 5-bedroom new construction colonial listed at $1,148,290. The average list price of the homes currently available for sale in Cheshire CT is $746,712. The average days on market for these homes is 58 days. 

Real Estate Market Statistics for Cheshire CT for April 2023  

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There are currently 20 homes under pending status and 34 under hard contract in Cheshire CT.


 Real Estate Market Statistics for Cheshire CT for April 2023 

In April 2023, 17 homes closed in Cheshire CT. They ranged from a 1,075 sq ft, 3-bedroom cape which sold for $270,000 to a 3,280 sq ft 5-bedroom, colonial which sold for $1,331,234.  Average sales price of the homes that sold was $576,984. Average DOM of 63 days.


By comparison, there were 16 closings in Cheshire CT for the month of April 2022, with an average price of $523,087 and avg. days on market of 24. This would indicate that in April 2023, the number of homes sold was 1 more than the comparable period in 2022, and the average value of the homes was slightly greater than 9% over the value for the same period the previous year with slightly longer days on market. 

For the year 2022, the market sales or absorption rate was 26 sales per month, with an average sales value of $540,244 and average days on market of 33.  This rate with the current inventory would be more than a 1 month absorption rate.  This can be attributed to higher valued listings which tend to stay longer on market. 

 Real Estate Market Statistics for Cheshire CT for April 2023 

The graph demonstrates the average monthly sales value in Cheshire CT with strong fluctuations from month to month. The sales appeared to demonstrate gradual fluctuations in prices over the last 6 months.

If you are interested in buying or selling a home in the Cheshire CT area send me an email or call and we can set up a time to meet.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale. 

If you would like information on homes for sale in Cheshire CT, please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Cheshire CT. 


Cheshire CT Homes for sale

Real Estate Market Statistics for Cheshire CT for April 2023 

Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (9)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... looking at your price fluctuations it's clear, as in my market, there's no way of predicting what home prices will do from month to month.

May 31, 2023 04:43 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ed. Following Nina Hollander, Broker makes life easy, just agree and move on! So that's what I am doing. Enjoy your day.

May 31, 2023 04:53 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Ed,

A well thought out market report. You do have price fluctuations that make it almost impossible to predict what home process will do. Its a guessing game but I do feel the next few months will tell the story once we get through the debt ceiling debate and see interest rates hopefully settle in the low 6% range.

May 31, 2023 05:07 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The average list price for Cheshire is quite high, it must be a really nice place to call home!

May 31, 2023 06:15 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, thanks for sharing this market update for Cheshire, and looks like homes are moving quite well.

May 31, 2023 11:04 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed,

A 9% increase in home value is good news for Chesire. Your clients should be pleased with this.

May 31, 2023 11:56 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Cheshire home buyers and sellers are sure to value your real estate market report, Ed.

May 31, 2023 01:41 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed an average of 63 days on the market seems a little long for the present market we are in.  Is it because the average house prices are high in Cheshire, or is there another reason?

May 31, 2023 02:46 PM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will love your excellent local real estate reports.

Jun 01, 2023 05:18 AM