Bunker Hill-Waterbury CT Real Estate Market Report for May 2015
What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Buyers are moving very quickly in the Bunker Hill-Waterbury CT neighborhood. Days on market are under 3 months for homes under deposit, and average sale prices are moving up. This is the opportune time for sellers looking to place their homes on the market in this neighborhood.
There are 54 Bunker Hill-Waterbury CT homes for sale, with an average listing price of $134,003 and a median listing price of $131,400.
There are 38 pending sales (under contract), with an average asking price of $117,560, a median asking price of $125,000, and an average of 73 days on market before accepting an offer.
10 homes were sold in Bunker Hill-Waterbury CT in May 2015, with an average sale price of $130,430, a median sale price of $117,400, and averaging 98 days on market. By comparison, in May 2014, 13 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $91,031, a median sale price of $75,000, and averaging 87 days on market.
So, what does all this mean? It simply means that while there are more than enough properties to choose from in the Bunker Hill-Waterbury CT neighborhood, buyers are seeing the value in the homes that are currently on the market and acting relatively fast on them. Homeowners wishing to sell their homes should do so now, keeping in mind that in order to get your home sold quickly, you must price it correctly and present your home in the best possible light, as you will have lots of competition.
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Are you looking for a home in Bunker Hill-Waterbury CT? Click on Bunker Hill-Waterbury CT homes for sale to search for homes in your price range.
For further information about the Bunker Hill-Waterbury CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Bunker Hill-Waterbury CT homes for sale.