What’s My Waterbury CT Home’s Value November 2021
Currently in Waterbury CT there are 84 active residential listings for sale, with 27 new listings being added in November. The homes for sale in Waterbury CT range from a 1,024 square ft, 3-bedroom row house listed at $72,000 to a 6,278 square ft, 6-bedroom colonial listed at $598,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
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The average list price of the homes currently available for sale in Waterbury CT is $225,226. The average days on market for these homes are 62 days. There are currently 194 homes either under show status or hard deposit in Waterbury CT.
In November 2021, 86 homes closed in Waterbury CT. They ranged from a 464 square ft, 1-bedroom cottage, which sold for $65,000 to a 1,768 square ft, 3-bedroom colonial that sold for $345,000. The average price for the closed properties was $216,025 with average DOM of 38 days.
For a comparison, there were 116 closings in Waterbury CT for the month of November 2020, with an average price of $172,372 and avg. days on market of 42 This shows that for November 2021, there were 30 less homes sold than in the same period the previous year, with a 20% average increase in value and less days on market.
For the year 2020, the market sales or absorption rate was almost 78 sales per month, with an average sales value of $154,998 and average days on market of 56. With this absorption rate the current inventory equates to slightly more than a 1-month inventory which is still a strong sellers' market.
The graph demonstrates the average monthly sales value in Waterbury CT with strong fluctuations from month to month in the first half of the year and an increase in values over the last half of the year. The values in Waterbury CT continue to increase in value demonstrating a very strong sellers 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 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.
November 2021 Real Estate Sales Report for Waterbury CT
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