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December 2021 Market Trends For Waterbury CT's West End Side, Zip 06708

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

December 2021 Market Trends For Waterbury CT's West End Side, Zip 06708

The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury.

 December 2021 Market Trends For Waterbury CT's West End Side, Zip 06708

There are currently 27 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $236,696 with average days in market of 62. There are also currently 53 properties under show or hard deposit contracts.

For the first 11 months of this year there have been 394 closed listings in the 06708-zip code of Waterbury with an average sales price of $224,274 and average days on market of 34. This suggests an absorption rate of 36 sales per month which means the current inventory is less than 1 months' worth of sales. It also suggests that new listings will be highly competitive.

December 2021 Market Trends For Waterbury CT's West End Side, Zip 06708The same period in 2020 saw 343 closings with an average sales price of $171,861 and average days on market of 54. This represents an increase in values of 23% in addition to more homes sold in 2021.

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.

Search for Homes in Waterbury CT Zip 06708 

If you would like information on homes for sale in Waterbury CT zip code 06708, please call me at 203-206-0754 or send me an email at easilva48@comcast.net.   I would be happy to assist you or to discuss homes on the market in zip code 06708 of Waterbury CT.

December 2021 Market Trends For Waterbury CT's West End Side, Zip 06708

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Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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

Ed the homes are still pretty affordable in this Waterbury Zip Code.

Dec 17, 2021 04:20 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ed Silva good morning again, Ed... with that graph showing media sale prices in Waterbury, you almost don't need any words. It tells the story very clearly!

Dec 18, 2021 04:59 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Such a great report for Waterbury!  You are definitely the go-to guy for real estate there!

Dec 18, 2021 06:25 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

George Souto   There are many affordable homes all over the town it's just people thinking they should steal be able to steal a home

Dec 18, 2021 09:26 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Nina Hollander, Broker   You are right, the graphic tells a big story, prices are going up

Dec 18, 2021 09:27 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Brian England   Thank you, for so many years it has been the Waterbury market that has allowed buyers with tight budgets a chance at home ownership

Dec 18, 2021 09:28 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Ed,
Thank you for sharing the real estate information.
Buyers and sellers in your area will benefit from your expertise.
Wishing you continued success.
Bob

Jan 17, 2022 01:01 AM