Watertown CT Real Estate Sales Report for February 2017

Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001

February 2017 Real Estate Market Statistics for Watertown CT


Currently in Watertown CT there are 121 active residential listings for sale, with 16 new listings being added in February. 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 February 2017

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The median list price of the homes currently available for sale in Watertown CT is $270,950. The average days on market for these homes are 126 days. In addition, there are currently 16 homes under contract in Watertown CT, with 8 going under contract in February.


 Watertown CT Real Estate Sales Report for February 2017

In February 2017, 11 homes closed in Watertown CT. They ranged from an 1,854 square ft, 5-bedroom colonial, which sold for $84,551 to a 3,728 square ft, 4-bedroom cape which sold for $490,000. The average price for the homes that closed in February in Watertown CT was $251,777 with average days on market of 83 days.  The closed properties had a Sales price to List price ratio of 95.2%.


By comparison, there were 9 closings in Watertown CT for the month of February 2016, with an average sales price of $176,967 and avg. days on market of 72.


This indicates that for February of 2017, there were 2 more homes sold than in February 2016, with an average price 40% greater than for the same period for the previous year with slightly longer time on market. This shows that there was an increase in number of units, with an appreciable increase in value. The value is a positive trend for Watertown CT, with greater activity in units sold to 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 but trending to a neutral market.


Watertown CT Real Estate Sales Report for February 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 February 2017

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


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Michele Cadogan-Cell 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Thanks for sharing your Watertown Ct Real Estate Home Sales Report for Feb 2017, Real Estate Agent    .  Hoping that residents of your community looking to buy or sell a home in Watertown will contact you for your service.  I found the flow of your report easy to follow and well presented.  Looks like something to use in my tool box.  One can always pick up new ideas here on ActiveRain.

Mar 11, 2017 10:59 AM #1
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Ed Silva

Central CT Real Estate Broker Serving all equally
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