February 2021 Real Estate Sales Report for Wolcott CT

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

What’s My Wolcott CT Home’s Value February 2021

Currently in Wolcott CT there are 44 active residential listings for sale, with 13 new listings being added in February. The homes for sale in Wolcott CT range from a 816 square ft, 2-bedroom ranch listed at $89,000 to a 7,000 square ft, 6-bedroom contemporary listed at $1,600,000.

 February 2021 Real Estate Sales Report for Wolcott CT

Search for Homes in Wolcott CT 

The average list price of the homes currently available for sale in Wolcott CT is $385,237. The average days on market for these homes are 78 days.  There are currently 22 homes under contract in Wolcott CT.

 

 February 2021 Real Estate Sales Report for Wolcott CT

In February 2021, 18 homes closed in Wolcott CT. They ranged from an 1,157 square ft, 2-bedroom cape, which sold for $121,000 to a 2,364 square ft, 3-bedroom colonial that sold for $415,000. The average price for the closed properties was $268,883  with average DOM of 53 days. 

For a comparison, there were 9 closings in Wolcott CT for the month of February 2020, with an average price of $222,032 and avg. days on market of 133. This shows that for February 2021, there were 9 more homes sold than in the same period the previous year, with a 20% average increase in value and less days on market.

For the year 2020, the absorption for Wolcott, CT was 22 sales per month. With this rate and the current inventory, there would be a 2+ month absorption rate, which is a strong seller's market. The Wolcott CT real estate market is showing a positive improvement in values. 

 February 2021 Real Estate Sales Report for Wolcott CT

The graph demonstrates the average monthly sales value in Wolcott CT with positive increase in values from month to month. The values in Wolcott CT are showing some signs of strong 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 Wolcott 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 Wolcott CT. 

 Search for Homes in Wolcott CT

 February 2021 Real Estate Sales Report for Wolcott CT

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

My Blog
Email Me
EdSilvaCTRealtor.com


C:  203-206-0754
Call or Text

O:  203-758-6440

 

Do you know anyone who is behind on their mortgage and doesn't know what to do? I may be able to help them. I am an experienced Short Sale Broker

Short Sales in Connecticut

 

Search all active Connecticut listings

 

 

Comments (9)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I feel like we're headed for a boom. Between the spring and hope for the end of the pandemic, I think things will get really happy. :

Mar 19, 2021 03:28 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Anyone wanting to buy or sell homes in Wolcott, CT should contact Ed Silva. He has been working in this area for a long time and knows the areas well! You can count on Ed, I do!

Mar 19, 2021 06:50 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Ed - very good information here and it is important the sellers understand how to price their homes using your guidance.

Mar 20, 2021 04:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... I'd take that 2-month absorption rate in a nano-second! In Charlotte/Mecklenburg we had an 18 day month supply at end of February!

Mar 20, 2021 05:30 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When it comes to real estate information for Wolcott, you are the only person I would reach out to!

Mar 20, 2021 05:57 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Pin by Kari Dyrdahl on Spring | Happy spring, Spring images, Tulips images

Mar 20, 2021 07:18 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning Ed and thank you for sharing the Wolcott market report

Mar 20, 2021 08:12 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed that is surprising to see double the sales this year with the inventory being this low.  I hope the inventory in Wolcott can keep up with that kind of demand.

Mar 20, 2021 04:48 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Wolcott home buyers and sellers are sure to value your real estate market report, Ed.

Mar 22, 2021 02:53 AM