Watertown CT Real Estate Sales Report for May 2013

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
https://activerain.com/droplet/XPG

Watertown CT Real Estate Sales Report for May 2013

watertown CT May 2013 Mid Value Active

Currently in Watertown CT there are 152 active residential listings for sale, with 335 new listings being added in May. The homes for sale in Watertown CT range from a 898 square ft, 2-bedroom ranch listed at $85,000 to a 8,908 square ft, 5-bedroom, colonial estate on 12 acres listed at $1,495,000.

Search for Homes in Watertown CT

The average list price of the homes currently available for sale in Watertown CT is $313,146. The average days on market for these homes are 117 days. In addition, there are currently 17 homes under contract in Watertown CT, with 3 having going under contract in May.

watertown CT May 2013 Mid Value Sold

 

In May, 9 homes closed in Watertown CT. They ranged from a 660 square ft, 2-bedroom cottage, which sold for $62,000 to a 2,192 square ft, 3-bedroom, colonial which sold for $350,000. The median price for the homes that closed in May in Watertown CT was $193,100 with an average days on market of 115 days.  The closed properties had a Sales price to List price ratio of 96.7%.

By comparison, there were 8 closings in Watertown CT for the month of May 2012, with an average sales price of $202,813 and avg. days on market of 76. This indicates that for May of 2013, there was one additional home sold than in May 2012, at an average price almost 5% lower with more time on market, which would demonstrate an improved market for number of units but not an increase in value.

For the year 2012, the market sales or absorption rate was 14 sales per month, with an average sales value of $209,000 and average days on market of 107.

For the first quarter of 2013, the market sales or absorption rate for Naugatuck CT was 12 sales per month, with an average sales value of $196,800 and average days on market of 103. This would project that the current inventory of homes is equivalent to an 8+ month inventory, which is a still a buyer’s market.

watertown CT Market Statistics

The graph demonstrates the average monthly sales value in Watertown CT for 2012 with strong fluctuations from month to month. The values in Watertown CT have not yet stabilized.

 

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 2013

 

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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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David Saks
(retired) - Memphis, TN

Thanks for sharing this valuable information. Hopes for your continued success.

Jun 29, 2013 06:24 PM #1
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is really a price range extreme, certainly something for every pocketbook. Nice job sharing the information.

Jun 29, 2013 07:43 PM #2
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great report on Watertown CT .You are the go to expert in the Real Estate market . Why would anyone call any other agent except  Ed Silva

Jun 30, 2013 01:56 AM #3
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