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Southbury, CT Market Report May 2009

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956

Here's whats happening in the real estate market in Southbury:

Active Listings

166

New Listings

7

Average List Price

$534,170

Median List Price

$477,950

Average Sq. Ft.

2807

Median Sq. Ft.

2576

 Houses over half a million on average that are almost 3000 sq.ft. Large homes with a very large price tag. A breakdown of those prices:

List Price

Houses

%

< 200,000

4

2

200,001-300,000

22

13

300,001-400,000

34

21

400,001-500,000

35

21

500,001-600,000

22

13

600,001-700,000

16

10

700,001-800,000

10

6

>800,001

23

14

shows that roughly a third of those houses are under 400k, with the remainder above. Not much of a difference when compared to the previous month.

Price Range

 

 

 

 

 

 

 

These are the most recent additions to the Southbury real estate market. For more information on these properties or any in Southbury, visit William's Places.

Address

L/Price

ADOM

1066 SOUTH BRITAIN RD

375000

3

266 OLD WATERBURY RD

385000

4

191 COMMUNITY HOUSE ROAD

524900

4

1071 OLD WATERBURY ROAD

534900

1

291 DUBLIN ROAD

579900

111 ELK DR

622500

2

34 TALLWOOD RD

649900

4

Now, let's see what's sold in Southbury in the past month:

Closed Listings - 11

Average

Median

Days on Market

79

65

List Price

$352,018

$315,000

Sale Price

$341,363

$313,500

Sq. Ft.

2201

2200

LP/Sq. Ft.

$161.99

$150.86

SP/Sq. Ft.

$156.92

$150.14

SP/LP Ratio

97%

96%

Of all the towns in the Greater Waterbury area, only one other town outperformed Southbury in terms of homes sold in the last month.

These are the homes that sold in Southbury: 

Address

L/Price

S/Price

DOM

197 AMOS WHITE RD

310,000

308,000

41

518 DUBLIN ROAD

462,500

462,500

11

195 GRASSLANDS RD

449,000

428,500

166

684 KETTLETOWN RD

315,000

313,500

22

335 LAKESIDE RD

399,000

370,000

139

401 NORTH GEORGES HILL RD

269,000

270,000

93

391 OLD FIELD RD

289,900

280,000

65

477 OLD FIELD ROAD

264,000

262,500

80

6 REVERE CIR

423,900

400,000

40

264 STRONGTOWN RD

274,900

260,000

7

151 WOODS WAY DR

415,000

400,000

207

 Sold in Southbury

 

 

 

 

 

 Days on Market

The every interesting thing is that the majority of these houses that sold were not on the market, on average, for more than 3 months, and were at reasonable prices. 

 

 

 

 

 

 

What's more, there's good news on the horizon: the average prices for homes have risen almost 8% from last month's values: Price Index

 

Visit Southbury, CT for information about the town and for updates on local events.

  

Looking for information about homes in the Greater Waterbury area?                                            Buyers, need to find financing and advice on the home-buying process?                                             Sellers, looking for tips on how to make sure your home sells?

Stop by www.williamsplaces.com!

 

 

Courtesy of William James Walton, Sr., Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)

Posted by

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Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

William, very good statistial info I have to say. And encouraging news too, thank you!

May 06, 2009 02:33 PM
William James Walton Sr.
WEICHERT, REALTORS® - Briotti Group - Waterbury, CT
Greater Waterbury Real Estate

Yes, Andrea - very good news indeed. If you go to Cyberhomes and click on the neighborhood icon, and type in either the town or zip code, it will give you the latest data on median home prices from 2 years abck up until the present quarter....which reminds me, I need to put that info in on all of the other Greater Waterbury towns which have experienced that upswing...

May 06, 2009 10:29 PM