What’s My Waterbury CT Home’s Value January 2019
Currently in Waterbury CT there are 197 active residential listings for sale, with 54 new listings being added in January 2019. The homes for sale in Waterbury CT range from a 1,024 square ft, 3-bedroom row-house listed at $27,500 to a 3,197 square ft, 3-bedroom cape listed at $399,900. 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 $139,850. The average days on market for these homes are 91 days. There are currently 86 homes under contract in Waterbury CT.
In January 2019, 54 homes closed in Waterbury CT. They ranged from a 1,336 square ft, 3-bedroom REO Colonial, which sold for $10,000 to a 2,974 square ft, 4-bedroom split-level that sold for $383,000. The average price for the closed properties was $129,129 with average DOM of 81 days.
For a comparison, there were 51 closings in Waterbury CT for the month of January 2018, with an average price of $107,757 and avg. days on market of 70. This shows that for January of 2019, there were 3 more homes sold than in the same period the previous year, with a 20% average increase in value and slightly longer days on market.
For the year 2018, the market sales or absorption rate was 67 sales per month, with an average sales value of $117,240 and an average of 56 days on market.
With this rate and the current inventory, there would be a 3+ month absorption rate, which is a strong seller's. The Waterbury CT real estate market is showing a positive improvement in values.
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.
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.
January 2019 Real Estate Sales Report for Waterbury CT