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Wolcott CT Real Estate Sales Report for January 2012

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

Wolcott CT Real Estate Sales Report for January 2012

 

 Wolcott Town Hall

 

Currently in Wolcott CT there are 88 active residential listings for sale. They range from a 1,208 square ft, 3-bedroom colonial listed at $79,900 to a 3,836 square ft, 7-bedroom ranch listed at $799,900.

 

 Wolcott CT Mid Value Act January 2012

 

The average list price of the homes currently available for sale in Wolcott CT is $290,085. The average days on market for these homes is 156 days. For the month of January, there were 16 additional homes listed for sale in Wolcott CT. 

 

 

There are currently 10 homes under contract in Wolcott CT, with 5 having gone under contract in the month of January. The average list price for the homes under contract is $236,990 with average days on market of 129 days.

 

 

In January, 5 homes closed in Wolcott CT. They ranged from a 2,165 sq ft, 4-bedroom, ranch which sold for $375,000 to a 900 sq ft 3-bedroom ranch which sold for $225,000.  Average sales price of the homes that sold was $155,160. Average DOM of 155 days. The closed properties had a Sales price to List price ratio of 92.5%.

 

 Wolcott CT High Value Sold January 2012

 

 

By comparison, there were 6 closings in Wolcott CT for the month of January 2011, with an average price of $198,167 and avg. days on market of 177. This indicates that there was a slight increase in homes sold in January 2012 at a lower value, but with less days on market.

 

Wolcott CT Adult Condo

 

There are currently 14 condos for sale Wolcott CT. They range in price from $359,900 for an Active Adults, over 55 1,756 sq ft, 2-bedroom unit to $79.900 for a 1-bedroom, 828 square ft ranch style efficiency unit. There is currently one (1) condo under contract in Wolcott CT. There is currently one (1) condo under contract in Wolcott CT

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In the month of January, one condo closed in Wolcott CT. It was a 2,236 2-bedroom town home unit which sold for $225,000 after 76 days on market.

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 Wolcott 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 Wolcott CT.

 

 

Wolcott CT Real Estate Sales Report for January 2012

 

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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EdSilvaCTrealestate.com


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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed, I firmly believe that month this year will show an improvement over last year.  Prices might still be going down a little bit, but I think that the number of sales will more than make up for that.

Feb 17, 2012 09:26 AM
Cindy Edwards
RE/MAX Checkmate - Johnson City, TN
CRS, GRI, PMN - Northeast Tennessee 423-677-6677

Hi Ed,

I like the way you present your market report.  It's a little differnt, user friendly, different then most.

Feb 17, 2012 09:39 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Ed, I'm encouraged that most of those numbers are in a positive direction.  People are out buying and we need to keep that momentum going.  Most everyone I talk too, particularly in my area are very busy...good signs.

Feb 17, 2012 12:58 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

George, the prices right now are being drive by foreclosures and short sales which makes it difficult for conventional sellers to get their price

Cindy, thank you, I'm not a big fan of graphs which tends to turn away a reader who needs some time just to understand the graph, and there is very little patience with an online viewer.

Nick, we have pockets of activity, but the market lately has been busy

 

Feb 17, 2012 09:52 PM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Buyers in Wolcott would be wise to call you, Ed. Its best for a buyer to select an agent who knows the market well.  You just proved that is you.  

Feb 17, 2012 10:17 PM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Ed thanks for the reblog - I have been trying to email you but it won't go through.  Nice to see that you are having an increased amount of closings over your way!

Feb 18, 2012 01:00 AM