What’s My Cheshire CT Home Worth, Statistics for April 2015

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
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Real Estate Market Statistics for Cheshire CT for April 2015

 

 What’s My Cheshire CT Home Worth, Statistics for April 2015

Currently in Cheshire CT there are 238 active residential listings for sale. They range from a 1,159 square ft, 2-bedroom cape listed at $119,000 to a 5,600 square ft, 5-bedroom colonial listed at $1,350,000. The average list price of the homes currently available for sale in Cheshire CT is $445,499. The average days on market for these homes is 95 days. For the month of April, there were 67 new homes listed for sale in Cheshire CT.

 

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There are currently 32 homes under contract in Cheshire CT. Seven (7) homes went under contract in the month of April. The average list price for the homes under contract is $416,600 with average days on market of 115 days.

 

 

 Real Estate Market Statistics for Cheshire CT for April 2015

In April 2015, 21 homes closed in Cheshire CT. They ranged from a 944 sq ft, 2-bedroom cape which sold for $145,500 to a 3,899 sq ft 5-bedroom, REO colonial which sold for $632,000.  Average sales price of the homes that sold was $352,424. Average DOM of 123 days. The closed properties had a Sales price to List price ratio of 96.5%.

 

By comparison, there were 15 closings in Cheshire CT for the month of April 2014, with an average price of $299,653 and avg. days on market of 91. This would indicate that in April 2015, the number of homes sold was greater by 6 homes, and the average value of the homes was almost 16% greater with slightly longer days on market. The real estate market in Cheshire CT would be described as improving.

 

 

For the year 2014, the market sales or absorption rate was 20 sales per month, with an average sales value of $357,106 and average days on market of 76.

 

For the year first quarter of 2015, the market sales or absorption rate for Cheshire CT was 17 sales per month, with an average sales value of $335,668 and average days on market of 83. This rate with the current inventory would be a 14+ month absorption rate. The current market is still considered a buyer’s market

 

Cheshire CT Market Statistics Apr 2015 

 

The graph demonstrates the average monthly sales value in Cheshire CT with strong fluctuations from month to month. The sales appeared to stabilize towards the end of the year with a monthly increase in value, and then at the end. They had shown an increase in values for the second and third quarter and a decline in the last quarter of the year.

If you are interested in buying or selling a home in the Cheshire CT area send me an email or call and we can set up a time to meet.

 

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 Cheshire 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 Cheshire CT. 

 

Cheshire CT Homes for sale 

 

Real Estate Market Statistics for Cheshire CT for April 2015

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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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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
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Nice report here on the Cheshire, CT marketplace Ed.  A smart buyer or seller would know their first step is to reach out to someone as knowledgeable about the market as you.

May 27, 2015 04:43 AM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
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Ed Cheshire is an excellent town to live in.  It is good to see sales and sales prices increasing again even if the DOM is going up a little.

May 27, 2015 05:07 AM #2
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Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Ed, another detailed market report. Those who are looking to buy or sell a home in Cheshire CT must give you a call.

May 27, 2015 05:47 AM #3
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

John Meussner   It is a fine town with great services and schools

George Souto   days on market could be a result if the tough winter we had.

Thanks, Beth Atalay   it is a town with a lot of good things to offer it's residents

May 27, 2015 11:03 AM #4
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Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Ed Silva ,  Your market report on Cheshire, CT is very thorough. Both Buyers and Seller alike will be able to take advantage of your information.

May 27, 2015 12:01 PM #5
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Noah Seidenberg
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Hi Ed, you make some great points here. If you are selling Real Estate in Cheshire CT connect with professional Realtor Ed Silva 

May 27, 2015 01:04 PM #6
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Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
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Ed Silva 

Savvy buyers and sellers in Chesire CT should seek out your assistance, given the knowledge and information you clearly have about the area, based on this thorough market report you've shared. Good work

Jeff

May 27, 2015 04:04 PM #7
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ed.  If the home is priced it is selling.  DOM indicate that.  Prices need to go up.

May 27, 2015 08:32 PM #8
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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

Cheshire CT continues to be a well priced real estate market, Ed.  Good to see how well it is doing.

May 27, 2015 08:53 PM #9
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