Watertown CT Real Estate Sales Report for January 2012
Currently in Watertown CT there are 113 active residential listings for sale, with 19 new listings being added in January. The homes for sale in Watertown CT range from a 1,138 square ft, 1 room cottage in the Lake Winnemaug area listed at $60,000 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,800,000.
The average list price of the homes currently available for sale in Watertown CT is $301,501. The average days on market for these homes is 147 days. In addition, there are currently 16 homes under contract in Watertown CT, with six having going under contract in January.
In January, 8 homes closed in Watertown CT. They ranged from a 956 square ft, 3-bedroom, colonial, which sold for $92,500 to a 2,381 square ft, 4-bedroom, colonial which sold for $458,223. The average price for the homes that closed in January in Watertown CT was $220,215 with an average Days on Market of 63 days. The closed properties had a Sales price to List price ratio of 96%.
By comparison, there were 10 closings in Watertown CT for the month of January 2011, with an average price of $229,565 and avg. days on market of 112. This indicates that for January of 2011, at least, the value of homes sold was slightly less more days on market and almost the same number of units sold.
For the year 2011, the market sales or absorption rate was 14 sales per month, with an average sales value of $231,191 and average days on market of 84. The current inventory of homes is equivalent to a 10-month inventory.
There are currently 13 active condos for sale Watertown CT. They range in price from $349,900 for a 2,515 sq ft, 3 bedroom, town-house condo to $129,900 for a 2 bedroom, 992 sq ft town house style unit. Average days on market for condos is 127.
There is currently one condo under contract in Watertown CT. No condos sold in January 2012 in Watertown CT.
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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