June 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 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.

 June 2021 Real Estate Sales Report for Wolcott CT

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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.

  June 2021 Real Estate Sales Report for 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.

 

  June 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.

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 June 2021 Real Estate Sales Report for Wolcott CT

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

 

Ed Silva  Mapleridge Realty, LLC,   203-206-0754

Comments (10)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... that 2 month absorption rate would need to double to become even slightly a balanced market.

Jul 22, 2021 04:59 AM
Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Strong numbers for June for sure.   Thanks again for the post, make it a productive Thursday (Friday Eve).  Bill Salvatore 

Jul 22, 2021 05:26 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Ed - strong sellers market here and it is all relative with some of the other more severe sellers markets.

Jul 22, 2021 06:30 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good morning Ed,

I am sure buyers and sellers will appreciate your report on the Wolcott, CT community. Wishing you a wonderful day.  A

Jul 22, 2021 07:10 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Thursday morning, Ed.

Take care, be safe and have a great day.

Jul 22, 2021 08:20 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, great market update for Wolcott, and you have very comprehensive reports that buyers and sellers will understand this market.

Jul 22, 2021 08:55 AM
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

Great and easy format for buyers and sellers to understand what is happening in your local Wolcott neighbhood!

Jul 22, 2021 10:34 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I am amazed at what the value of houses have increased in the last 12 month.  I have been refinancing clients I did loans for 2 years ago, who put down the minimal down payment, and now they have over 20% equity, and I can get rid of their PMI, and lower the interest rat.

Jul 22, 2021 02:15 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It seems that there is plenty to choose from in Wolcott and something for everyone's budget.

Jul 23, 2021 05:31 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

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

Jul 25, 2021 04:35 AM