What’s My Waterbury CT Home’s Value January 2022
Currently in Waterbury CT there are 64 active residential listings for sale, with 29 new listings being added in January. The homes for sale in Waterbury CT range from a 648 square ft, 3-bedroom cape listed at $110,000 to a 2,936 square ft, 3-bedroom colonial listed at $629,900. 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 $256,594. The average days on market for these homes are 54 days. There are currently 144 homes either under show status or hard deposit in Waterbury CT.
In January 2022, 75 homes closed in Waterbury CT. They ranged from a 1,799 square ft, 3-bedroom REO colonial, which sold for $75,000 to a 2,100 square ft, 3-bedroom raised ranch that sold for $358,000. The average price for the closed properties was $213,838 with average DOM of 42 days.
For a comparison, there were 115 closings in Waterbury CT for the month of January 2021, with an average price of $173,012 and avg. days on market of 43 This shows that for January 2022, there were 17 less homes sold than in the same period the previous year, with a 19% average increase in value and less days on market.
For the year 2021, the market sales or absorption rate was 86 sales per month, with an average sales value of $206,044 and average days on market of 36. With this absorption rate the current inventory equates to less than a 1 month inventory which is still a very strong sellers market.
The graph demonstrates the average monthly sales value in Waterbury CT with minimal fluctuations from month to month. 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.
January 2022 Real Estate Sales Report for Waterbury CT
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