Watertown CT Real Estate Sales Report for January 2017

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
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January 2017 Real Estate Market Statistics for Watertown CT

 

Currently in Watertown CT there are 123 active residential listings for sale, with 14 new listings being added in January. The homes for sale in Watertown CT range from an 836 square ft, 3-bedroom REO cape listed at $79,900 to a 8,500 square ft, 8-bedroom, colonial estate on 112 acres listed at $5,695,000.

 

 Watertown CT Real Estate Sales Report for January 2017

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The median list price of the homes currently available for sale in Watertown CT is $250,000. The average days on market for these homes are 129 days. In addition, there are currently 11 homes under contract in Watertown CT, with 6 going under contract in January.

 

 Watertown CT Real Estate Sales Report for January 2017

In January 2017, 8 homes closed in Watertown CT. They ranged from an 1,013 square ft, 2-bedroom cape, which sold for $125,000 to a 4,167 square ft, 4-bedroom cape which sold for $462,000. The average price for the homes that closed in January in Watertown CT was $266,470 with average days on market of 132 days.  The closed properties had a Sales price to List price ratio of 97.6%.

 

By comparison, there were 15 closings in Watertown CT for the month of January 2016, with an average sales price of $225,427 and avg. days on market of 100.

 

This indicates that for January of 2017, there were 7 less homes sold than in January 2016, with an average price 12% greater than for the same period for the previous year with slightly longer time on market. This shows that there was a decrease in number of units, with an appreciable increase in value. The value is a positive trend for Watertown CT, but greater activity in units sold would help the market.

 

For the year 2016, the market sales or absorption rate was 19 sales per month, with an average sales value of $217,884 and average days on market of 75. This rate with the current inventory would be an 6+ month absorption rate. The current market is still a buyer's market.

 

Watertown CT Real Estate Sales Report for January 2017

 

The graph demonstrates the average monthly sales value in Watertown CT for with strong fluctuations from month to month, yet slight increases in value over the 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.

 

If you would like information on homes for sale in Watertown CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Watertown CT.

 

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Watertown CT Real Estate Sales Report for January 2017

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,   203-206-0754

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Rainmaker
1,498,754
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Ed, Watertown CT buyers have lots to choose from, with a wide range of prices and floor plans, there's a home for every buyer. Buyers and sellers would be wise to call you for when it's time to sell or buy a home.

Feb 10, 2017 06:02 AM #1
Rainmaker
1,922,967
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Ed - buyers and sellers would be wise to contact you to help them in your market.

Feb 10, 2017 06:04 AM #2
Rainmaker
5,385,902
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Watertown CT home sellers will be in very good hands when they select you as their listing agent.

Feb 10, 2017 06:41 AM #3
Rainmaker
1,220,231
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed, 

Buyers and sellers should look to you to get them the best deal for their property.  Nobody knows Watertown CT like you. 

Feb 10, 2017 11:29 AM #4
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed looks like January was a ruff month for Real Estate in Watertown.  Let's hope for a better February.

Feb 10, 2017 07:10 PM #5
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Ed, excellent presentation on your Bristol Borough Pa Waterfront Community report./

Feb 10, 2017 09:15 PM #6
Rainmaker
1,792,871
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Ed, it is good to see the upward trend in price for the sellers and you are the 'man' to contact for all Watertown real estate news and guidance.  

Feb 11, 2017 04:53 AM #7
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, great market update for Watertown, and shows you are the expert to call with any questions on this market!  

Feb 11, 2017 05:24 AM #8
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Ed.  Thanks for the Watertown CT real estate market report.

Feb 13, 2017 05:31 AM #9
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