WOLCOTT CT-REAL ESTATE MARKET REPORT- DECEMBER 2011
Wolcott CT-Real Estate Market Report - December 2011 Houses are definitely moving in Wolcott CT, and fast, with an average of under 2 months DOM for homes that have sold, and better than average sales prices compared to both last month and last year. The resulting decrease in inventory is good for sellers who really want to sell. Now is the time to sell, because buyers who really want to buy are out there, looking in this season.
|
11/2011 |
10/2011 |
11/2010 |
Active Listings |
97 |
101 |
93 |
New Listings |
7 |
13 |
10 |
Av. Listing Price |
$285,253 |
$288,498 |
$324,623 |
Av. Sq. Ft. |
1997 |
2021 |
2196 |
Av. DOM |
160 |
161 |
187 |
Homes Sold |
13 |
3 |
5 |
Av. LP – Homes Sold |
$301,608 |
$170,933 |
$165,900 |
Av. SP – Homes Sold |
$271,569 |
$165,967 |
$155,380 |
Av. DOM – Homes Sold |
58 |
34 |
75 |
SP/LP Ratio |
90% |
98% |
93% |
Absorption Rate |
11 |
10.17 |
8.83 |
Months of Inventory |
9 |
10 |
10.5 |
TheWolcott CT homes for salerange from a 1400 sq. ft. 4 bedroom cape being offered for $69,900 to a 2100 sq. ft. 4 bedroom cape being offered for $850,000.
Here is a breakdown of the home prices in Wolcott CT:
A great majority of Wolcott CT homes are affordable, with almost 30% being under $200,000.
You can search for Wolcott CT homes for sale by visiting William’s Places!
The Wolcott CThomes that sold in November range from a1368 sq. ft., 3 bedroom ranch that sold for $152,000 to a 3527 sq. ft., 4 bedroom colonial that sold for $525,000.
These are the thirteen homes that sold in the Wolcott CT area in the month of November:
Click Wolcott CT Real Estate - Market Updatesfor prior Wolcott CT real estate market reports.
Looking to relocate to Wolcott CT? Visit Looking For A Reason to Move-Destination: Wolcott CT
For more details about the Wolcott CTmarket and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale.I look forward to discussing with you Wolcott CT homes for sale.
©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.
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