Bucks Hill Waterbury CT-Real Estate Market Report for June 2015
What does the real estate market look like in the Bucks Hill neighborhood of Waterbury, CT? Real estate prices are slightly lower compared to where they were at this time last year. The average number of sales over the last few months still leaves very few options for buyers looking to purchase homes in this neighborhood. Although average sale prices aren't rising, the fact that they are not dropping far, along with comparable pending prices and days on market, should entice sellers who are thinking about selling their homes.
There are currently 23 Bucks Hill Waterbury CT houses for sale, with an average listing price of $128,230 and a median listing price of $122,500.
There are currently 6 pending sales (under contract) in the neighborhood, with an average asking price of $103,733, a median asking price of $102,900, and an average of 56 days on market before accepting an offer.
7 homes were sold in Bucks Hill Waterbury CT in the month of June, with an average sale price of $91,914, a median sale price of $103,000, and an average of 66 days on market prior to accepting an offer. By comparison, in June 2014, 5 homes were sold in Bucks Hill Waterbury CT, at an average sale price of $95,880, a median sale price of $95,000, and an average of 27 days on market before accepting an offer. This year's figures represent a 4% decrease in average sale prices, and a 144% increase in average days on market, from last year.
So, what does this all mean? While buyers are still looking to buy homes in the Bucks Hill Waterbury CT neighborhood, sellers have to be realistic about their expectations of their home's value. Be sure to speak with a realtor who really knows the Bucks Hill Waterbury CT neighborhood market, will price your home based on market conditions, and will help you to make your home attractive to buyers on sight by providing you with tips to maximize your home's curb appeal.
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Are you looking for a home in the Bucks Hill neighborhood of Waterbury CT? Click on Bucks Hill Waterbury CT homes for sale to search for homes in your price range.
To get more details about the Bucks Hill Waterbury CT market and 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 Bucks Hill Waterbury CT homes for sale.