What’s My Waterbury CT Home’s Value August 2021
Currently in Waterbury CT there are 117 active residential listings for sale, with 37 new listings being added in August. The homes for sale in Waterbury CT range from a 1,449 square ft, 3-bedroom colonial listed at $80,000 to a 6,278 square ft, 6-bedroom colonial listed at $598,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
The average list price of the homes currently available for sale in Waterbury CT is $225,017. The average days on market for these homes are 46 days. There are currently 242 homes either under show status or hard deposit in Waterbury CT.
In August 2021, 102 homes closed in Waterbury CT. They ranged from a 744 square ft, 2-bedroom cape, which sold for $42,857 to a 2,514 square ft, 5-bedroom colonial that sold for $356,000. The average price for the closed properties was $204,304 with average DOM of 31 days.
For a comparison, there were 98 closings in Waterbury CT for the month of August 2020, with an average price of $154,332 and avg. days on market of 59 This shows that for August 2021, there were 4 more homes sold than in the same period the previous year, with a 24% average increase in value and less days on market.
For the year 2020, the market sales or absorption rate was almost 78 sales per month, with an average sales value of $154,998 and average days on market of 56. With this absorption rate the current inventory equates to slightly more than a 1 month inventory which is a strong sellers market.
The graph demonstrates the average monthly sales value in Waterbury CT with strong fluctuations from month to month in the first half of the year and an increase in values over the last half of the year. The values in Waterbury CT are showing signs of stabilizing but still a strong sellers market.
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.
August 2021 Real Estate Sales Report for Waterbury CT