Bunker Hill-Waterbury CT Real Estate Market Report for December 2013
What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Well, it appears that average sale prices have taken a hit as the Bunker Hill neighborhood of Waterbury, CT closes out 2013, with an over 10% difference between both last month and last year. The volume of pending sales continue to remain the highest in the city, so that gives hope to sellers going into 2014.
There are 70 Bunker Hill-Waterbury CT homes for sale, with an average listing price of $139,453 and a median listing price of $137,400.
There are 20 pending sales (under contract), with an average asking price of $114,310 and a median asking price of $185,400.
8 homes were sold in Bunker Hill-Waterbury CT in December 2013, with an average sale price of $101,525 and a median sale price of $110,500. By comparison, in December 2012, 6 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $147,500 and a median sale price of $143,000.
The chart below shows the difference between the listing and sales prices for the homes sold in December, as well as the number of days that those properties were on the market before an offer was made and accepted.
So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your neighborhood, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer's interest due to its curb appeal and other factors. If you are a buyer, this tells you how many homes there are on the market in this neighborhood and what price range the typical home in this neighborhood sells for.
If you want more information on Bunker Hill-Waterbury CT, you can visit these blog posts:
Bunker Hill-Waterbury CT Real Estate - Market Updates
Bunker Hill-Waterbury CT Neighborhood Profile
Enjoy A Day at Schofield Park Bunker Hill – Waterbury CT
Are you looking for a home in Bunker Hill-Waterbury CT? Go to Bunker Hill-Waterbury CT homes for sale to search for homes in your price range.
For further information about the Bunker Hill-Waterbury CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Bunker Hill-Waterbury CT homes for sale.
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