What’s My Waterbury CT Home’s Value February 2019
Currently in Waterbury CT there are 209 active residential listings for sale, with 26 new listings being added in February 2019. The homes for sale in Waterbury CT range from a 1,016 square ft, 3-bedroom REO ranch listed at $33,000 to a 3,197 square ft, 3-bedroom cape listed at $399,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
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The average list price of the homes currently available for sale in Waterbury CT is $138,204. The average days on market for these homes are 86 days. There are currently 83 homes under contract in Waterbury CT.
In February 2019, 52 homes closed in Waterbury CT. They ranged from a 1,388 square ft, 3-bedroom REO Colonial, which sold for $25,000 to a 1,864 square ft, 4-bedroom New Construction raised ranch that sold for $230,000. The average price for the closed properties was $119,556 with average DOM of 79 days.
For a comparison, there were 47 closings in Waterbury CT for the month of February 2018, with an average price of $107,824 and avg. days on market of 63. This shows that for February of 2019, there were 4 more homes sold than in the same period the previous year, with a 10% 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.
If you would like information on homes for sale in Waterbury 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 Waterbury CT.
February 2019 Real Estate Sales Report for Waterbury CT
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