Upper Fulton Park-Waterbury CT Real Estate Market Report for June 2015
What does the real estate market look like in the Upper Fulton Park neighborhood of Waterbury CT? Real estate prices continue to fluctuate in the Upper Fulton Park-Waterbury CT neighborhood, with prices below where they were at this time last year. There are few homes available in this neighborhood for sale, and with prices still low, sellers who are looking to place their homes on the market within the next few months should be realistic about their expectations. The good thing is, buyers are acting very quickly on the homes that they are finding in the Upper Fulton Park-Waterbury CT neighborhood.
There are 15 single family Upper Fulton Park-Waterbury CT homes for sale, with an average listing price of $106,280 and a median listing price of $109,900.
There are 14 Pending sales (under contract), with an average asking price of $86,393, a median asking price of $74,900, and an average of 90 days on market before accepting an offer.
5 homes were sold in Upper Fulton Park-Waterbury CT in the month of June, at an average sale price of $57,980, a median sale price of $54,000 and averaging 46 days on market before accepting an offer. By comparison, in June 2014, 4 homes were sold, at an average sale price of $76,538, a median sale price of $67,450 and averaging 82 days on market before accepting an offer. This year's figures represent a 24% decrease in average sale prices, and a 44% decrease in average days on market, from last year.
So, what does this all mean? Simply, that many sellers are competing with bank-owned homes in this area. Sellers seriously thinking about putting your home on the market in this neighborhood should speak with an Upper Fulton Park realtor who knows the neighborhood, will price your home based on market conditions, and will help you to attract buyers by providing you with tips that will make your home stand out.
The Upper Fulton Park neighborhood is one of the few in Waterbury CT so far that has its own website, so to get a look at what's happening in the Upper Fulton Park neighborhood of Waterbury CT, stop by http://www.neighborhoodlink.com/Upper_Fulton_Park/home .
If you are looking for more information about Upper Fulton Park Waterbury CT, you can visit the following blog posts:
Are you looking to buy a home in the Upper Fulton Park neighborhood of Waterbury CT? Click on Upper Fulton Park-Waterbury CT homes for sale to search for homes in your price range.
To get further information about the Upper Fulton Park-Waterbury CT real estate market and determine if now is the right time to sell your home, 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 Upper Fulton Park-Waterbury CT homes for sale.