February 2011 Real Estate Sales Report for Watertown CT
Currently in Watertown CT there are 112 active residential listings for sale, with 10 new listings being added in February. The homes for sale in Watertown CT range from a 1,486 square ft, 2-bedroom colonial listed at $84,900 to a 6,758 square ft, 5 bedroom, contemporary estate on 5 acres listed at $1,600,000.
The average list price of the homes currently available for sale in Watertown CT is $314,441. The average days on market for these homes is 137 days.
In addition, there are currently 17 homes under contract in Watertown CT, five of which went under contract in February.
In February 9 homes closed in Watertown CT. They ranged from a 1,621 square ft, 2-bedroom cape, which sold for $65,000 as a ‘Handy Man special, to a 2,081 square ft, 4-bedroom, corporate owned colonial which sold for $262,000. Average DOM of 81 days.
By comparison, there were 6 closings in Watertown CT for the month of February 2010, with an average price of $157,917 and avg. days on market of 138.
For the year 2010, the market sales or absorption rate was 11 sales per month, with an average sales value of $225,745 and average days on market of 83. The current inventory of homes is equivalent to a 10-month inventory.
There are currently 10 active condos for sale Watertown CT. They range in price from $269,900 for a 2,007 sq ft, 3 bedroom, town-house condo to $93,000 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 113.
There are currently 2 condos under contract in Watertown CT. No condos closed in Watertown CT in the month of February.
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 Watertown 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 Watertown CT.
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