Watertown CT Real Estate Sales Report for April 2011
Currently in Watertown CT there are 157 active residential listings for sale, with 29 new listings being added in April. The homes for sale in Watertown CT range from a 544 square ft, 1 room cottage in the Lake Winnemaug area listed at $39,900 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,800,000.
The average list price of the homes currently available for sale in Watertown CT is $327,253. The average days on market for these homes is 118 days. In addition, there are currently 13 homes under contract in Watertown CT, seven of which went under contract in April.
In April, 11 homes closed in Watertown CT. They ranged from a 1,486 square ft, 3-bedroom corporate owned colonial, which sold for $85,000, to a 2,814 square ft, 4-bedroom, cape which sold for $347,500. The average price for the homes that closed in April was $240,018 with an average Days on Market of 126 days.
By comparison, there were 14 closings in Watertown CT for the month of April 2010, with an average price of $239,171 and avg. days on market of 95. This indicates that for April, at least, value of homes sold was higher with less days on market and slightly more units sold.
For the year 2010, the market sales or absorption rate was 11 sales per month, with an average sales value of $225,745 and average days on market of 83. The current inventory of homes is equivalent to a 14+-month inventory.
There are currently 16 active condos for sale Watertown CT. They range in price from $379,900 for a 2,515 sq ft, 3 bedroom, town-house condo to $85,000 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 96.
There is currently 1 condo under contract in Watertown CT. No condos closed in Watertown CT in the month of April.
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 Watertown 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 Watertown CT.
Watertown CT Real Estate Sales Report for April 2011
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