October 2010 Real Estate Sales Report for Waterbury CT

October 2010 Real Estate Sales Report for Waterbury CT

 Currently in Waterbury CTthere are 495 active residential listings for sale, with 71 new listings being added in October. The homes for sale in Waterbury CT range from a 2,192 square ft, 6-bedroom colonial in need of complete re-hab, for $15.900 to a 2,893 square ft, 4-bedroom, expanded Cape listed at $ 499,800.

The average list price of the homes currently available for sale in Waterbury CT is $149,965. The average days on market for these homes is 123 days.

There are currently 67 homes under contract in Waterbury CT, with 25 having gone under contract in October.

In October, 33 homes closed in Waterbury CT. They ranged from a 1,400 square ft, 3-bedroom REO colonial which sold for $40,000 to a 1,634 square ft, 4-bedroom colonial that sold for $189,900. Average price for the closed properties was $103,835 with average DOM of 88 days. 

By comparison, there were 50 closings in Waterbury CT for the month of October 2009, with an average price of $139,528 and avg. days on market of 70. 

For the first 10 months of 2010, the market sales or absorption rate was 46 sales per month, with an average sales value of $120,335 and average days on market of 88.  The current inventory of homes is equivalent to a 11-month inventory.

There are currently 176 active condos for sale Waterbury CT. They range in price from $174,900 for a 1,300 sq ft, 3-bedroom, town house style condo to $ 24,999 for a 1-bedroom, 589 sq ft ranch style efficiency condo. Average days on market for condos is 140.

Nineteen (19) condos are currently under contract in Waterbury CT, five having gone under contract in the month of October.

Thirteen (13) condos closed in the month of October in Waterbury CT. They ranged from a 1,625 2-bedroom town house unit which sold for $180,000 to a 1-bedroom, 497 REO efficiency unit which sold for $15,001. Average days on market of 106.

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 Waterbury 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 Waterbury CT.