What’s My Waterbury CT Home’s Value April 2017
Currently in Waterbury CT there are 246 active residential listings for sale, with 50 new listings being added in April. The homes for sale in Waterbury CT range from a 1,268 square ft, 3-bedroom REO colonial listed at $35,000 to a 2,547 square ft, 4-bedroom colonial listed at $349,000. 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 $133,917. The average days on market for these homes are 100 days.
The breakdown of the homes for sale in Waterbury CT is as follows:
Under $50,000 9 Listings
Between $50,000 to $100,000 61 Listings
Between $100,000 to $150,000 102 Listings
Between $150,000 to $200,000 52 Listings
Between $200,000 to $250,000 17 Listings
Between $250,000 to $300,000 7 Listings
Over $300,000 2 Listings
In addition to these active listings, there are 89 homes under pending status and 104 homes under hard deposit in Waterbury CT.
In April 2017, 47 homes closed in Waterbury CT. They ranged from a 1,540 square ft, 4-bedroom REO colonial, which sold for $26,000 to a 1,652 square ft, 4-bedroom raised ranch style home that sold for $188,900. The average price for the closed properties was $87,347 with average DOM of 75 days.
For a comparison, there were 56 closings in Waterbury CT for the month of April 2016, with an average price of $96,698 and avg. days on market of 70. This shows that for April of 2017, there were 11 less homes sold than in the same period the previous year, with a 10% decrease in value and longer days on market. This is a negative 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 little signs of stabilizing, along with a decrease in values over the last 5 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.
April 2017 Real Estate Sales Report for Waterbury CT