What’s My Waterbury CT Home’s Value February 2017
Currently in Waterbury CT there are 329 active residential listings for sale, with 53 new listings being added in February. The homes for sale in Waterbury CT range from a 1,540 square ft, 4-bedroom REO colonial listed at $24,900 to a 2,100 square ft, 4-bedroom raised ranch listed at $324,900. 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 $121,622. The average days on market for these homes are 112 days. There are currently 72 homes under contract in Waterbury CT.
In February 2017, 45 homes closed in Waterbury CT. They ranged from a 1,660 square ft, 3-bedroom REO colonial, which sold for $37,000 to a 2,519 square ft, 4-bedroom colonial that sold for $256,000. The average price for the closed properties was $97,120 with average DOM of 70 days.
For a comparison, there were 61 closings in Waterbury CT for the month of February 2016, with an average price of $97,285 and avg. days on market of 92. This shows that for February of 2017, there were 17 less homes sold than in the same period the previous year, with a very little change in value and slightly less 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. There has been a decline in value over the last 3 months, however.
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.
February 2017 Real Estate Sales Report for Waterbury CT