Connecticut Seller Net Proceeds Calculator

This calculator includes only the verified statutory municipal base. Any additional town component is unresolved until an official current municipal source is checked.

How much are seller closing costs in Connecticut?

A Connecticut home seller typically pays the state real estate conveyance tax (for residential dwellings: 0.75% on the first $800,000 of the sale price, 1.25% on the portion from $800,000 to $2.5 million, and 2.25% on the portion above $2.5 million), plus a municipal conveyance tax (0.25% in most towns, up to 0.5% in ~18 designated municipalities such as Hartford, New Haven, Bridgeport, Stamford, and Waterbury), attorney fees (commonly ~$1,500 - $3,000), mortgage payoff, and the broker commission. Botway’s full-service fee is 1% of the sale price (minimum $5,000) versus a traditional commission of roughly 5-6%. Example on a $1,000,000 home in a standard town: state tax $8,500 + municipal $2,500 + attorney $2,000 = $13,000 fixed, then a $10,000 Botway fee (vs. $60,000 at 6%) - a $50,000 difference straight to your net proceeds.

What is the Connecticut conveyance tax when selling a house?

Connecticut’s state conveyance tax is tiered for residential dwellings: 0.75% up to $800,000, 1.25% on the portion from $800,000 to $2.5 million, and 2.25% on the portion above $2.5 million (unimproved land and non-residential property are taxed at a flat 1.25%). On top of the state tax, the municipality charges 0.25% - up to 0.5% in certain designated towns.

Which Connecticut towns charge the higher 0.5% conveyance tax?

Most towns charge the base 0.25% municipal conveyance tax. About 18 municipalities are authorized under state law to impose up to 0.5% (an additional 0.25%), including Hartford, New Haven, Bridgeport, Stamford, Norwalk, Waterbury, New Britain, Meriden, Middletown, and others. Confirm the current rate with your town - eligibility does not always mean the higher rate is imposed.

Does Connecticut have a co-op flip tax like NYC?

No. Co-ops are rare in Connecticut and there is no statewide flip tax. Condominium sellers may owe an association resale/transfer fee or special assessment, but there is no equivalent of the NYC co-op flip tax.