Watertown CT Real Estate Sales Report for May 2012

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
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Watertown CT Real Estate Sales Report for May 2012

 

 Watertown CT Market report

 

Currently in Watertown CT there are 158 active residential listings for sale, with 45 new listings being added in May. The homes for sale in Watertown CT range from a 544 square ft, 1-bedroom Lake cottage needing re-hab listed at $44,900 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,695,000.

 

Watertown CT MaY 2012 Mid Value Active

 

The average list price of the homes currently available for sale in Watertown CT is $279,899. The average days on market for these homes is 128 days. In addition, there are currently 18 homes under contract in Watertown CT, with 3 having going under contract in May.

 

Watertown CT MaY 2012 Mid Value Closed

 

 

In May, 8 homes closed in Watertown CT. They ranged from a 1,400 square ft, 3-bedroom, colonial, which sold short for $130,000 to a 2,800 square ft, 4-bedroom, cape which sold for $340,000. The average price for the homes that closed in May in Watertown CT was $202,813 with an average Days on Market of 76 days.  The closed properties had a Sales price to List price ratio of 96.1%.

 

Watertown CT May 2011 Mid Value Closed

 

By comparison, there were 14 closings in Watertown CT for the month of May 2011, with an average price of $235,362 and avg. days on market of 103. This indicates that for May of 2012, there were less homes sold, but the value of homes sold was higher less with fewer days on market.

 

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 11+ month inventory.

 

 

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.

 

Watertown CT Real Estate Sales Report for May 2012

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,   203-206-0754

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Rainmaker
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Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Ed.  Looks like a lot of folks decided that May was the time to get their home on the market.    It will be interesting to see what this month will bring.   I think your detailed report is important for those looking to buy or sell in Watertown CT.

Jun 27, 2012 04:12 AM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed, Watertown is a nice small town with a great country feel to it, and yet it is just minutes from shopping areas.  Always liked Watertown.

Jun 27, 2012 09:31 AM #2
Rainmaker
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Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Ed, I'm seeing more stats like yours in Watertown CT., where fewer homes may have sold over the previous year, they are in many cases spending less time on the market and selling for more

Jun 27, 2012 09:36 AM #3
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