Southbury CT-Real Estate Market Report for June 2015

Real Estate Agent with WEICHERT, REALTORS® - Briotti Group CT RES.0785956



Southbury CT


What does the real estate market look like in Southbury CT? Real estate prices in Southbury CT appear to be rebounding, or at least are trying to. Average sale prices have climbed above where they were at this time last year, even with a few dips in price along the way. The number of homes that have sold and that are pending is encouraging along with the increase in home values, but sellers in Southbury looking to place their homes on the market should take the good news with a grain of salt, as buyers continue to wait for more than 3 months to make offers and that there are more than enough homes for sale in Southbury CT to last for over a year.

home values in Southbury CT


median active home for sale in Southbury CT

There are 182 Southbury CT homes for sale, with an average listing price of $481,522 and a median listing price of $432,200.








median home under deposit in Southbury CTThere are 44 pending sales (under contract), with an average asking price of $424,095, a median asking price of $392,000, and an average of 109 days on market before accepting an offer.







median home sold in Southbury CT27 homes were sold in Southbury CT in the month of June, with an average sale price of $377,361, a median sale price of $339,000, and an average of 115 days on market before an offer was accepted. By comparison, in June 2014, 19 homes were sold in Southbury CT, with an average sale price of $380,653, a median sale price of $386,500, and an average of 68 days on market before accepting an offer. This year's figures represent a .86% decrease in average sale prices, and a 69% increase in average days on market, from last year.



So, what does this all mean? The increase in sale prices has prompted many sellers to put their homes on the market, right when buyers are consistently demonstrating that they are willing to wait for the right home to come on the market, the home that has all the value that they are looking for. As prices continue to rise, sellers, you can expect to wait a little longer to get that acceptable offer. The best way to get an offer quickly is to consult with a realtor who knows the real estate market in Southbury CT, will price your home based on market conditions, and who will help you prepare your home to attract buyers so they will make that offer right away.


Click on Southbury CT Real Estate - Market Updates to see prior Southbury CT market reports.


Looking to relocate to Southbury CT? Visit Looking For A Reason to Move-Destination: Southbury CT.


Are you looking for a home in Southbury CT? Click on Southbury CT homes for sale to find homes in your price range.


For further information about the Southbury 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 Southbury CT homes for sale.




©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

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Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)


Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling -  in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

Comments (2)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi William, always enjoy viewing stats and charts on other communities.

Jul 17, 2015 06:18 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

William - This is very comprehensive real estate market report for Southbury, Connecticut.

Jul 18, 2015 03:55 AM