What’s My Wolcott CT Home’s Value June 2021
Currently in Wolcott CT there are 45 active residential listings for sale, with 24 new listings being added in June. The homes for sale in Wolcott CT range from a 805 square ft, 2-bedroom cape listed at $175,000 to a 7,000 square ft, 6-bedroom contemporary listed at $1,600,000.
The average list price of the homes currently available for sale in Wolcott CT is $441,567. The average days on market for these homes are 41 days. There are currently 53 homes under contract in Wolcott CT.
In June 2021, 24 homes closed in Wolcott CT. They ranged from an 1,254 square ft, 2-bedroom cape, which sold for $220,400 to a 1,927 square ft, 3-bedroom colonial that sold for $601,000. The average price for the closed properties was $349,116 with average DOM of 18 days.
For a comparison, there were 21 closings in Wolcott CT for the month of June 2020, with an average price of $257,824 and avg. days on market of 770. This shows that for June 2021, there were 3 more homes sold than in the same period the previous year, with a 26% 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.
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.
June 2021 Real Estate Sales Report for Wolcott CT