Town Plot Waterbury CT-Real Estate Market Report for June 2015
What does the real estate market look like in the Town Plot neighborhood of Waterbury CT? Real estate prices in Town Plot Waterbury CT have been rather erratic over the last year, rising and falling between 80k and 120k, creating an interesting comfort zone for buyers looking to buy in that price range. The number of pending sales has created a sense of urgency among buyers as well, signalling to sellers that this might be an opportune time to put their homes on the market.
There are 47 Town Plot-Waterbury CT homes for sale, with an average listing price of $118,915 and a median listing price of $127,900.
There are 23 pending sales (under contract), with an average asking price of $109,378, a median asking price of $112,500, and averaging 75 days on market before accepting an offer.
6 homes were sold in Town Plot-Waterbury CT in the month of June, at an average sales price of $92,067, a median sales price of $101,700, and an average of 51 days on market before an offer was accepted. By comparison, June 2014 saw 2 homes sold, at an average and median sale price of $129,500, and an average of 50 days on market before accepting an offer. This year's figures represent a 29% decrease in average sale prices, and a 2% increase in average days on market, from last year.
So, what does this all mean? Buyers are making offers quickly on homes that they see the value in. The fact that pending prices and numbers are increasing, thus diminishing the amount of homes available for buyers, is a good sign for sellers thinking about putting their homes on the market. Just make sure that you speak with a realtor who knows the Town Plot Waterbury CT real estate market, one who will price your home based on market conditions, and will help you to attract buyers by providing you with tips on how to improve your home's curb appeal.
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Are you looking for a home in Town Plot-Waterbury CT? Click on Town Plot-Waterbury CT homes for sale to search for homes in your price range.
To get further information about the Town Plot-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 helping or discussing with you Town Plot-Waterbury CT homes for sale.