May 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 May 2021

Currently in Wolcott CT there are 33 active residential listings for sale, with 10 new listings being added in May. The homes for sale in Wolcott CT range from a 742 square ft, 1-bedroom bungalow listed at $200,000 to a 7,000 square ft, 6-bedroom contemporary listed at $1,600,000.

  May 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 $393,345. The average days on market for these homes are 29 days.  There are currently 36 homes under deposit in Wolcott CT. 

  May 2021 Real Estate Sales Report for Wolcott CT

In May 2021, 18 homes closed in Wolcott CT. They ranged from an 1,427 square ft, 2-bedroom colonial, which sold for $184,400 to a 3,565 square ft, 4-bedroom colonial that sold for $535,000. The average price for the closed properties was $326,320  with average DOM of 57 days. 

For a comparison, there were 15 closings in Wolcott CT for the month of May 2020, with an average price of $236,150 and avg. days on market of 108. This shows that for May 2021, there were 3 more homes sold than in the same period the previous year, with a 28% 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 1+ month absorption rate, which is a strong seller's market. The Wolcott CT real estate market is showing a positive improvement in values.

  May 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.

 Homes For Sale in Wolcott CT

 May 2021 Real Estate Sales Report for Wolcott CT

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Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (10)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, valuable market update for Wolcott CT, and hope buyers and sellers know to give you a call when ready to move.

Jun 22, 2021 10:02 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

As always, Ed, a great market report. I'm hoping that picture with snow in it is just an old picture and that you are not experiencing snow any more! :)

Jun 22, 2021 11:53 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and wow what a range in prices in your area.  Thanks for the information to compare with our area.

 

Jun 22, 2021 01:20 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed anyone thinking of selling their home should take advantage of this extremely strong Sellers Market.  It will not last forever, and we could use the inventory.

Jun 22, 2021 02:55 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Joan Cox   Thanks for stopping. It is a town where values have really jumped in the past year.

 

Nina Hollander, Broker   Can'tspeak for the way agents rub their business, but I would have refreshed the photos after the grass had been mowed a few times.

Jun 22, 2021 04:52 PM
Nina Hollander, Broker

Ed Silva ya think? 😊

Jun 23, 2021 04:35 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Will Hamm   It's a town of 15,000 and the range of prices does cover a lot of territory.

 

George Souto   It is slow on the uptake for new listings, and some of the aggressiveness is too strong as I have seen price decreases.

Jun 22, 2021 04:54 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jun 22, 2021 07:56 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The prices certainly reflect that Wolcott is a desirable place to call home and anyone looking for a home there should definitely call you!

Jun 23, 2021 05:10 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 08, 2021 06:28 AM