What’s My Waterbury CT Home’s Value March 2017
Currently in Waterbury CT there are 261 active residential listings for sale, with 55 new listings being added in March. The homes for sale in Waterbury CT range from a 1,268 square ft, 3-bedroom colonial listed at $35,000 to a 2,652 square ft, 4-bedroom contemporary listed at $349,900. 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 $126,512. The average days on market for these homes are 113 days.
The breakdown of the homes for sale in Waterbury CT is as follows:
Under $50,000 15 Listings
Between $50,000 to $100,000 82 Listings
Between $100,000 to $150,000 102 Listings
Between $150,000 to $200,000 42 Listings
Between $200,000 to $250,000 18 Listings
Between $250,000 to $300,000 4 Listings
Over $300,000 3 Listings
In addition to these active listings, there are 76 homes under pending status and 102 homes under hard deposit in Waterbury CT.
In March 2017, 71 homes closed in Waterbury CT. They ranged from a 840 square ft, 2-bedroom REO colonial, which sold for $11,000 to a 2,932 square ft, 3-bedroom cape style home that sold for $235,900. The average price for the closed properties was $94,596 with average DOM of 89 days.
For a comparison, there were 48 closings in Waterbury CT for the month of March 2016, with an average price of $88,580 and avg. days on market of 110. This shows that for March of 2017, there were 23 more homes sold than in the same period the previous year, with a 5% increase in value and less days on market. This is a positive trend over a year in Waterbury CT.
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.
For the first quarter of 2017, the market sales or absorption rate for Waterbury CT was 53 sales per month, with an average sales value of $96,761 and average days on market of 85.
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 slight decline in value over the last 4 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.
March 2017 Real Estate Sales Report for Waterbury CT