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July Market Trends For Waterbury CT's West End Side, Zip 06708

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

July Market Trends For Waterbury CT's West End Side, Zip 06708

 

The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury.

 July Market Trends For Waterbury CT's West End Side, Zip 06708

There are currently 30 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $254,450 with average days in market of 41. There are also currently 101 properties under show or hard deposit contracts.

For the first 6 months of this year there have been 195 closed listings in the 06708 zip code of Waterbury with an average sales price of $208,188 and average days on market of 44. This suggests an absorption rate of 33 sales per month which means the current inventory is less than 1 months worth of sales. It also suggests that new listings will be highly competitive.

The same period in 2020 saw 133 closings with an average sales price of $151,331 and average days on market of 63. This represents an increase in values of 25% in addition to more homes sold in 2021.

Sold prices were at 102% of list so little to no room is there for negotiations and activity is brisk on new listings.

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.

 Waterbury CT Homes for sale zip 06708

If you would like information on homes for sale in Waterbury CT zip code 06708, please call me at 203-206-0754 or send me an email at easilva48@comcast.net.   I would be happy to assist you or to discuss homes on the market in zip code 06708 of Waterbury CT.

 

July Market Trends For Waterbury CT's West End Side, Zip 06708

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

My Blog
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EdSilvaCTrealestate.com


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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

I didn't tknow there was a Brooklyn in Waterbury Ed. The prices in the one in NY are skyrocketing!

Jul 05, 2021 02:47 PM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Informative numbers.  A quick glance at these shows the importance of a buyer or seller seeking the counsel of a professional like yourself Ed Silva.  Prices of even 2 months prior need be reevaluated by the professional.  mark

Jul 05, 2021 02:57 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Ed- it's so hard to keep up with what's going on in the market!  The best thing a seller or buyer can do is work with the very best local agent there is...and in Waterbury that would be you. 

Jul 05, 2021 03:23 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ed,

I second all the comments you received thus far on this post, and I also agree that anyone looking to buy or sell should hire you.  A

Jul 05, 2021 03:40 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, with 102% to list price, buyers need to know they will need to step up when submitted offers.

Jul 05, 2021 03:41 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jul 05, 2021 05:06 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When I want to know what is going on in Waterbury, I know that I can visit your blog and find out.

Jul 06, 2021 05:14 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed it continues to be a very strong Sellers Market everywhere in CT.

Jul 06, 2021 07:20 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Ed - very informative information for Waterbury's west side.  Inventory is slim.

Jul 07, 2021 05:20 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 06:27 AM