What’s My Waterbury CT Home’s Value January 2017
Currently in Waterbury CT there are 329 active residential listings for sale, with 53 new listings being added in January. The homes for sale in Waterbury CT range from a 840 square ft, 2-bedroom REO colonial listed at $19,900 to a 2,374 square ft, 4-bedroom colonial listed at $399,900. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
The average list price of the homes currently available for sale in Waterbury CT is $120,855. The average days on market for these homes are 113 days. There are currently 67 homes under contract in Waterbury CT.
In January 2017, 39 homes closed in Waterbury CT. They ranged from a 1,100 square ft, 2-bedroom REO colonial, which sold for $27,000 to a 1,756 square ft, 3-bedroom ranch that sold for $195,000. The average price for the closed properties was $99,590 with average DOM of 93 days.
For a comparison, there were 53 closings in Waterbury CT for the month of January 2016, with an average price of $78,444 and avg. days on market of 87. This shows that for January of 2017, there were 14 less homes sold than in the same period the previous year, with a 15% average increase in value and slightly longer days on market.
For the year 2016, the market sales or absorption rate was 61 sales per month, with an average sales value of $99,306 and an average of 80 days on market. It is a positive for increase in values. This represents an overall increase in value of 8% over the previous year which is a positive for values in Waterbury CT.
The graph demonstrates the average monthly sales value in Waterbury CT with strong fluctuations from month to month. The values in Waterbury CT are showing some signs of stabilizing, along with an increase in values over the previous year.
For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.
January 2017 Real Estate Sales Report for Waterbury CT