Bunker Hill Waterbury CT-Real Estate Market Report for June 2015
What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Real estate prices in the Bunker Hill neighborhood of Waterbury CT have risen and fallen over the last year, without actually affecting the number of buyers willing to purchase a home there. Average pending prices and days on market are remaining consistent with average sale prices and days on market, and this, along with the number of homes under deposit remaining high, is creating a sense of urgency among buyers. This is good for sellers who are thinking about putting their homes on the market before the summer ends.
There are 40 pending sales (under contract), with an average asking price of $115,274, a median asking price of $119,900, and an average of 69 days on market before accepting an offer.
16 homes were sold in Bunker Hill-Waterbury CT in June 2015, with an average sale price of $103,097, a median sale price of $110,700, and averaging 52 days on market. By comparison, in June 2014, 9 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $115,614, a median sale price of $110,000, and averaging 54 days on market. This year's figures represent a 11% decrease in average sale prices, and a 3.8% decrease in average days on market, from last year.
So, what does all this mean? It simply means that the supply of homes available in the Bunker Hill Waterbury CT neighborhood are dwindling because buyers are seeing the value in the homes that are currently on the market and acting relatively fast on them. This is a good time for home owners who are considering selling their homes to speak with a realtor who knows the Bunker Hill Waterbury CT real estate market, will price your home based on market conditions, and will assist you in attracting buyers willing to make acceptable offers on your home by providing you with tips to improve your home's curb appeal.
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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.