EAST FARMS-WATERBURY CT REAL ESTATE MARKET REPORT - JANUARY 2011
The news is somewhat mixed for both buyers and sellers in the East Farms-Waterbury CT neighborhood, as there is less inventory available for buyers (and thus less competition for sellers), but only one home sold in December, with a high sales to list price ratio, and the selling price significantly lower than the average listing price for this portion of Waterbury's East End. This indicates that buyers are being more selective than ever. So in order for a sale to happen, sellers, you must price your home competitively and prepare your home to be seen in its best possible light.
|
Active Listings |
26 |
|
New Listings |
0 |
|
Average List Price |
$164,230 |
|
Median List Price |
$156,900 |
|
Average Sq. Ft. |
1443 |
|
Median Sq. Ft. |
1371 |
There are 26 East Farms-Waterbury CT East End homes for sale, with an average listing price of $164,230, and an average of 110 days on market, ranging from an 1228 sq. ft. 3 bedroom ranch being offered for $110,000 to a 1700 sq. ft. 3 bedroom raised ranch home being offered for $234,900.
3 of the East Farms-Waterbury CT East End homes for sale were just listed in the month of December, with an average listing price of $183,600. Here's a breakdown of the East Farms-Waterbury CT East End homes for sale prices:
|
List Price |
Houses |
% |
|
< 100,000 |
0 |
0 |
|
100,001-150,000 |
10 |
39 |
|
150,001-200,000 |
11 |
43 |
|
>200,001 |
5 |
18 |
And these are the recently added East Farms Waterbury CT East End homes for sale:
|
Address |
L/Price |
ADOM |
|
26 AMBER PL |
176,000 |
18 |
|
24 ELLSMERE AVE |
154,900 |
30 |
|
LOT 1 ALISHA LN |
219,900 |
31 |
You can search for East Farms Waterbury CT and other East End homes for sale by visiting William’s Places!
|
Closed Listings – 1 |
Average |
Median |
|
Days on Market |
53 |
53 |
|
List Price |
$139,900 |
$139,900 |
|
Sale Price |
$138,000 |
$138,000 |
|
Sq. Ft. |
1456 |
1456 |
|
LP/Sq. Ft. |
$96.09 |
$96.09 |
|
SP/Sq. Ft. |
$94.78 |
$94.78 |
|
SP/LP Ratio |
99% |
99% |
1 home sold in East Farms-Waterbury CT East End in the month of December – a 1326 sq. ft., 3 bedroom cape that sold for $138,000 and had 53 days on market.
The East Farms-Waterbury CT East End real estate market is still in a buyer’s market with 10 months of inventory at an absorption rate of 2.5 homes being sold each month over the last 6 months with 26 homes currently on the market.
This is the 1 home that won the East Farms Waterbury CT East End homes sold contest in December:
|
Address |
L/Price |
S/Price |
DOM |
|
145 MERILINE AVE |
139,900 |
138,000 |
53 |
Prior East Farms Waterbury CT Real Estate - Market Updates can be accessed by clicking on the link.
If you are looking for more information about East Farms Waterbury CT , you can visit the following blog posts:
East Farms-Waterbury CT Neighborhood Profile
If you want more information on East Farms-Waterbury CT East End homes for sale, please call me at (203) 558-7463 or send me an e-mail. I look forward to helping or discussing with you East Farms-Waterbury CT East End homes for sale.
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