Wolcott CT Real Estate Sales Report for September 2012

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

 

 Wolcott Green

 

 

Search for Homes in Wolcott CT

 

Currently in Wolcott CT there are 90 active residential listings for sale. They range from a 980 square ft, 3-bedroom ranch, needing re-hab listed at $89,900 to a 3,868 square ft, 7-bedroom ranch listed at $799,900.

 

 Wolcott CT Mid Value Act September 2012

 

The average list price of the homes currently available for sale in Wolcott CT is $283,761. The average days on market for these homes is 132 days. For the month of September, there were an additional 10 new listings in Wolcott CT.  

 

There are currently 11 homes under contract in Wolcott CT, with 4 having gone under contract in the month of September. The average list price for the homes under contract is $232,792 with average days on market of 130 days.

 

 

Wolcott CT Mid Value Sold September 2012

 

In September, 9 homes closed in Wolcott CT. They ranged from a 1,420 sq ft, 3-bedroom, bi-level ranch which sold for $150,000 to a 1,722 sq ft 3-bedroom contemporary, which sold for $239,000.  Average sales price of the homes that sold was $199,972. Average DOM of 106 days. The closed properties had a Sales price to List price ratio of 94.81%. 

 

 

By comparison, there were 10 closings in Wolcott CT for the month of September 2011, with an average price of $176,250 and avg. days on market of 62. This indicates that the value of homes sold in 2012 were 12% higher in value, with longer time on market.

 

For the year 2011, the market sales or absorption rate was 9 sales per month, with an average sales value of $228,828 and average days on market of 88.

 

Wolcott Mid Value sold 9 Mos 2012

 

 

For the first 9 months of 2012, the market sales or absorption rate was 8 sales per month, with an average sales value of $211,401 and average days on market of 106.

 

By comparison to 2011, the current market is selling at a similar number of homes per month, but the values are averaging almost 10% less than 2011 with longer days on market. The current inventory of homes is equivalent to a 11 month inventory, which is a very strong buyer’s market. 

 

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 at edsilva@remax.net. I would be happy to assist you or to discuss homes on the market in Wolcott CT.

 

Wolcott CT Real Estate Sales Report for September 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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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Ed, knowing where the Wolcott market is allows buyers & sellers to assess their needs...call Ed and have him give you the real deal for buying & selling.

Oct 30, 2012 08:55 PM #1
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