BUNKER HILL, WATERBURY CT REAL ESTATE - MARKET UPDATE JULY 2009
Here’s a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury, CT:
|
Active Listings |
4 4 |
|
New Listings |
7 |
|
Average List Price |
$179,159 |
|
Median List Price |
$179,900 |
|
Average Sq. Ft. |
1614 |
|
Median Sq. Ft. |
1579 |
There are 44 active listings, and 7 new listings in the last 30 days. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the neighborhood:
|
List Price |
Houses |
% |
|
< 150,000 |
11 |
25 |
|
150,000-200,000 |
19 |
43 |
|
200,000-250,000 |
12 |
27 |
|
>250,000 |
2 |
5 |
And here are the new homes available for sale in the Bunker Hill section of Waterbury, CT:
|
Address |
L/Price |
ADOM |
|
58 ALYCE TER |
314,900 |
7 |
|
111 DEERFIELD AVE |
125,000 |
5 |
|
30 DELAWARE |
210,000 |
6 |
|
82 PLAINFIELD DR |
235,000 |
5 |
|
40 REVERE ST |
214,900 |
3 |
|
20 SABAL DR |
269,900 |
2 |
|
245 WESTMONT DR |
189,900 |
7 |
Now, for a look at what has sold in the area:
|
Closed Listings – 7 |
Average |
Median |
|
Days on Market |
41 |
29 |
|
List Price |
$171,442 |
$ 176,900 |
|
Sale Price |
$167,678 |
$170,000 |
|
Sq. Ft. |
1843 |
1608 |
|
LP/Sq. Ft. |
$98.83 |
$91.61 |
|
SP/Sq. Ft. |
$96.20 |
$86.04 |
|
SP/LP Ratio |
97% |
97% |
Things have definitely improved for the Bunker Hill neighborhood in terms of days on market and sales price/list price ratios for homes sold, compared to previous months. A month and a half, on average, and the buyers are accepting, with a little modification, what can be considered to be reasonable asking prices. Or to look at it from another perspective: sellers have finally gotten it together and are pricing their homes to sell the first time they list it.
These were the seven homes that won the homes sold contest:
|
Address |
L/Price |
S/Price |
DOM |
|
51 AURORA STREET |
178,000 |
170,000 |
29 |
|
405 BUNKER HILL AVE |
176,900 |
177,000 |
8 |
|
16 DELAWARE AVE |
81,000 |
79,250 |
27 |
|
275 STODDARD RD |
199,900 |
195,000 |
33 |
|
14 TREMONT |
129,900 |
122,000 |
127 |
|
74 WOODSIDE AVE |
159,900 |
156,000 |
9 |
|
105 WOODSIDE AVE |
274,500 |
274,500 |
54 |
Prior Bunker Hill Market Reports:
Bunker Hill Waterbury CT Real Estate – Market Update June 2009
Bunker Hill Waterbury CT Real Estate - Market Update May 2009
Bunker Hill Waterbury CT Real Estate - Market Update April 2009
Bunker Hill Quarterly Market Report January 31, 2009
Bunker Hill Quarterly Market Report May 2, 2009
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Looking for information about homes in the Greater Waterbury area?
Buyers, need to find financing and advice on the home-buying process?
Sellers, looking for tips on how to make sure your home sells?
Stop by www.williamsplaces.com !
Courtesy of William James Walton, Sr ., Realtor, Century21 Access America
Serving northern New Haven and southeastern Litchfield Counties ( Waterbury , Wolcott, Prospect, Naugatuck , Middlebury, Southbury, Watertown and Plymouth )
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