Wolcott CT Real Estate Sales Report for November 2011
Currently in Wolcott CT there are 102 active residential listings for sale, with 7 new listings being added in November. The homes for sale in Wolcott CT range from a 1,400 square ft, 4-bedroom Colonial needing complete rehab, needing re-hab and listed at $69,900 to a 2,100 square ft, 4 bedroom, lake front cape listed at $850,000.
The average list price of the homes currently available for sale in Wolcott CT is $284,542. The average days on market for these homes are 156 days. In addition, there are currently 7 homes under contract in Wolcott CT, with 2 having gone under contract in November.
In November, 11 homes closed in Wolcott CT. They ranged from a 3,527 sq ft 4-bedroom colonial which sold for $525,000 to a 1,368 sq ft, 3-bedroom ranch which sold for $152,000. The average sales price of the homes that sold in November in Wolcott Ct was $287,045. The average days on market for the sold homes was 54 days. The closed properties had a Sales price to List price ratio of 89%.
By comparison, there were 5 closings in Wolcott CT for the month of November 2010, with an average price of $155,280 and avg. days on market of 75.
For the first 9 months of 2011, the market sales or absorption rate was 9 sales per month, with an average sales value of $225,815 and average days on market of 87. The current inventory of homes is equivalent to an 11-month inventory
There are currently 14 condos for sale Wolcott CT. They range in price from $359,900 for a 1,756 sq ft, 3 bedroom, luxury condo to a 1 bedroom, 828 sq ft ranch style condo, listed at $89,000. Average days on market for condos are 139.
There is one condo currently under contract in Wolcott CT and no condos closed in Wolcott CT in November 2011.
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 Wolcott 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 Wolcott CT.
Wolcott CT Real Estate Sales Report for November 2011
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