August 2021 Real Estate Sales Report for Wolcott CT

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

What’s My Wolcott CT Home’s Value August 2021

Currently in Wolcott CT there are 36 active residential listings for sale, with 10 new listings being added in August. The homes for sale in Wolcott CT range from a 805 square ft, 2-bedroom cape ranch listed at $150,000 to a 9,747 square ft, 6-bedroom colonial listed at $1,399,000.

 August 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 $382,506. The average days on market for these homes are 50 days.  There are currently 65 homes under contract in Wolcott CT.

  August 2021 Real Estate Sales Report for Wolcott CT

 In August 2021, 32 homes closed in Wolcott CT. They ranged from an 1.012 square ft, 3-bedroom ranch, which sold for $205,000 to a 2,746 square ft, 3-bedroom colonial that sold for $560,000. The average price for the closed properties was $324,788  with average DOM of 35 days. 

For a comparison, there were 32 closings in Wolcott CT for the month of August 2020, with an average price of $278,747 and avg. days on market of 65. This shows that for August 2020, there were the same number of homes sold than in the same period the previous year, with a 14% 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.

  August 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, with the exception of an unusual dip for August . 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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 August 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, great market update for Wolcott, and looks like days on market are increasing, good times for buyers.

Sep 20, 2021 12:49 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed even though the sales are the same for both years, that is a nice increase in the average sales price.

Sep 20, 2021 01:28 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... nice market report for Wolcott and easy to understand. I can't remember the last time we saw days on market that were more than 30-35 days here in the Charlotte area. 

Sep 20, 2021 01:31 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed Silva - It looks like the Wolcott market is holding strong.  Now is the time to get with Ed for your real estate needs. Happy Monday.

Sep 20, 2021 04:58 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Ed, Thank you for sharing this real estate market report.  Buyers and sellers in your area will benefit from this report.  Wishing you continued success.

Sep 20, 2021 06:32 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Ed - althouth the number sold did not change the values have certainly grown in this sellers market.

Sep 21, 2021 03:01 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Wolcott seems like such a nice place to call home and you definitely know what is going on there.

Sep 21, 2021 04:59 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Ed- that's a wide range of homes for sale in Wolcott, CT!!!  Any buyer or seller who wants to know more needs to contact you.

Sep 21, 2021 03:58 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Sep 21, 2021 06:30 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Another wonderful market report for Wolcott CT home buyers & sellers, Ed. You are THE go-to person in Wolcott - for sure!

Sep 21, 2021 07:44 PM