What’s My Waterbury CT Home’s Value July 2015
Search for Homes in Waterbury CT
Currently in Waterbury CT there are 406 active residential listings for sale, with 114 new listings being added in July. The homes for sale in Waterbury CT range from a 2,281 square ft, 4-bedroom REO colonial listed at $9,900 to a 1,648 square ft, 3-bedroom, cape listed at $399,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
The average list price of the homes currently available for sale in Waterbury CT is $121,549. The average days on market for these homes are 103 days.
There are currently 97 homes under contract in Waterbury CT, with 40 having gone under contract in July.
In July 2015, 59 homes closed in Waterbury CT. They ranged from a 858 square ft, 2-bedroom REO ranch, which sold for $26,000 to a 1,910 square ft, 3-bedroom ranch that sold for $198,900. The average price for the closed properties was $99,674 with average DOM of 60 days.
For a comparison, there were 60 closings in Waterbury CT for the month of July 2014, with an average price of $98,847 and avg. days on market of 82. This shows that for July of 2015, there was 1 less home sold than the same period the previous year, with a 1% increase in value and less days on market.
For the year 2014, the market sales or absorption rate was 51 sales per month, with an average sales value of $92,025 and average days on market of 87.
For the first quarter of 2015, the market sales or absorption rate for Waterbury CT was almost 43 sales per month, with an average sales value of $89,252 and average days on market of 89.
For the second quarter of 2015, the market sales or absorption rate for Waterbury CT was almost 41 sales per month, with an average sales value of $92,710 and average days on market of 85.
With the current number of homes on the market, the absorption rate equates to an 11+ month inventory. The Waterbury CT real estate market is showing a slight drop off from the first quarter sales.
The graph demonstrates the average monthly sales value in Waterbury CT with strong fluctuations from month to month. The values in Waterbury CT are showing some signs of stabilizing.
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.
July 2015 Real Estate Sales Report for Waterbury CT
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