Watertown CT Real Estate Sales Report for February 2017

By
Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
https://activerain.com/droplet/52bF

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

Search for Homes in Watertown CT 

 

 

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.

 

Search for Homes in Watertown CT

 

Watertown CT Real Estate Sales Report for February 2017

Posted by

 

Search for all Connecticut homes 

Subscribe

 

 

 

 

Do you know somebody who is behind on their mortgage and doesn't know what to do? I may be able to help them, especially if they are facing foreclosure!

Get Help with Short Sale in Connecticut

    www.ctshortsalesilva.com

 

 

 

 

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Connecticut Litchfield County Watertown
Groups:
Posts to Localism
City and State
Local Real Estate Market Reports
Market Reports
2017 Market Trend Reports
Tags:
buying homes in watertown ct
selling homes in watertown ct
watertown ct market trends

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,239,819
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
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
2,559,238

Ed Silva

Central CT Real Estate Broker Serving all equally
How Can I help you with Connecticut Real Estate?
*
*
*
*
Spam prevention

Additional Information