Watertown CT 2011 Real Estate Market Report

By
Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956
https://activerain.com/droplet/sCT

Watertown CT 2011 Real Estate Market Report

 

statistics for Watertown CT home sales

 

In 2011, 164 homes were sold in Watertown CT, with an average sale price of $231,642 and an average of 93 days on market. The homes that sold ranged from an 888 sq. ft. 2 bedroom mobile home that sold for $26,000, to a 4951 sq. ft. colonial that sold for $511,650.

 

The absorption rate for Watertown CT in 2011 was 13.67 homes sold per month. With an average of 118 homes on the market at any given time in Watertown CT, there are 8.6 months of inventory remaining.

 

 

2011

2010

2009

2008

2007

Homes Sold

164

131

133

141

177

Av. Listing Price

244,185

229,435

261,401

282,442

300,512

Av. Sale Price

231,642

218,839

248,668

268,595

289,449

Av. DOM

93

85

113

84

80

SP/LP Ratio

94%

95%

95%

95%

96%

 

2011 was a good year for the majority of sellers in Watertown CT, with average sales prices 6% higher than last year’s sales prices, and more than 20% increase in volume of sales compared to the last two years. As the average sales price/list price ratios continue to remain over 90% and days of market for homes sold are at the 3 month average, the best advice for Watertown CT home sellers is this: price your homes at market values based on its condition, and you can indeed sell your home quickly for a price that is acceptable to you.

 

For further information about the Watertown CT market 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 Watertown 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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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

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Rainmaker
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Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Amount of closings close to 2007 shows some real signs of a recovering market. Best of luck William and hope you had several of those closings.

Cal

Feb 08, 2012 02:28 PM #1
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Rainmaker
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William James Walton Sr.

Greater Waterbury Real Estate
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