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Waterbury, CT Real Estate - Market Update August 2010

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956

WATERBURY, CT REAL ESTATE – MARKET UPDATE AUGUST 2010

Buyers wanting to look at the latest statistics for the Waterbury, CT real estate market as of August 1, 2010 can find that information here:

Active Listings

534

New Listings

0

Average List Price

$150,234

Median List Price

$146,950

Average Sq. Ft.

1500

Median Sq. Ft.

1374

There are 534 single family Waterbury CT homes for sale . The average listing price for Waterbury, CT homes for sale is $150,234, and has an average of 117 days on market. The homes on the market in Waterbury, CT range from a 2535 sq. ft. 4 bedroom colonial being offered for $5000 to a 4002 sq. ft. 5 bedroom split level ranch being offered for $499,900.

114 Waterbury, CT homes for sale were listed in July as of July 31, 2010. The average listing price for those Waterbury, CT homes for sale listed in July is $140,690.

Here's the breakdown of the prices of Waterbury, CT homes for sale as of August 1, 2010:

List Price

Houses

%

< 100,000

88

16.5

100,001-150,000

204

38

150,001-200,000

169

32

200,001-250,000

60

11

250,001-300,000

8

1.5

>300,001

5

1

home prices in Waterbury, CT

The housing market varies from neighborhood to neighborhood in Waterbury, CT , so you can get a better idea of what’s happening in the Waterbury CT real estate market by looking at the single family housing statistics by zip code:

Zip Code

Homes for Sale

06702

7

06704

125

06705

127

06706

68

06708

174

06710

47

You can search for Waterbury, CT homes for sale by visiting William’s Places !

 

 

Sellers looking to find the latest Waterbury, CT , real estate market statistics can find that information here:  

 

Closed Listings – 41

Average

Median

Days on Market

85

55

List Price

$114,065

$105,900

Sale Price

$107,404

$104,900

Sq. Ft.

1423

1248

LP/Sq. Ft.

$87.52

$88.09

SP/Sq. Ft.

$81.99

$82.29

SP/LP Ratio

93%

95%

41 homes were sold in Waterbury, CT in the month of July. The average sale price was $127,988, and had an average of 114 days on market. The prices for homes that sold in Waterbury, CT ranged from a 1294 sq. ft., 3 bedroom colonial that sold for $17,800 to a 5598 sq. ft., 8 bedroom colonial that sold for $210,900. The average sale price for the Waterbury, CT real estate market decreased from June to July.

 

The Waterbury, CT real estate market currently has an absorption rate of 51.33 homes being sold each month over the last 6 months. With 534 homes currently on the market, that leaves Waterbury, CT still in a buyer’s market, with 10 months of inventory.


The following neighborhoods have had activity: Bunker Hill , Bucks Hill , Meriden-Woodtick , Town Plot , and East Farms in the last month.

You can click the following link for a month to month comparison of Waterbury’s real estate market statistics .

For more detailed info about the Waterbury area, you can visit the Waterbury, CT homepage at waterburyct.org or the Waterbury Republican-American website at rep-am.com.

 

If you want more information on Waterbury, CT homes for sale , please call me at (203) 558-7463 or send me an e-mail. I look forward to helping or discussing with you Waterbury, CT homes for sale .

 

Posted by

Greater Waterbury CT Real Estate FaceBook William James Walton, Sr. on LinkedIn William James Walton, Sr. on Twitter William  James Walton's videos on YouTube 

 

 

 

Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)

 

Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Hi William,

I am in awe when I see market reports here on AR.  I have not done one yet, but that is my goal this fall.  Thanks for the reminder.

Mary

Aug 22, 2010 02:59 PM
Tish Lloyd
BlueCoast Realty Corporation - Wilmington, NC
Broker - Wilmington NC and Surrounding Beaches

I'm with Mary  -- the market reports always impress me.  This one is especially well done and in depth.  Nice work!

Aug 22, 2010 03:02 PM
Andrew J. Lenza
Coldwell Banker Residential Brokerage - Holmdel, NJ

Over 500 homes for sale in Waterbury? Never been but that's a huge market for central New Jersey. Well done and presented, sir.

Aug 22, 2010 03:13 PM