October 2021 Real Estate Sales Report for Waterbury CT

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

What’s My Waterbury CT Home’s Value October 2021

Currently in Waterbury CT there are 95 active residential listings for sale, with 30 new listings being added in October. The homes for sale in Waterbury CT range from a 1,024 square ft, 3-bedroom row house listed at $72,000 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. 

 October 2021 Real Estate Sales Report for Waterbury CT

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The average list price of the homes currently available for sale in Waterbury CT is $224,869. The average days on market for these homes are 57 days.  There are currently 219 homes either under show status or hard deposit in Waterbury CT.  

 October 2021 Real Estate Sales Report for Waterbury CT

In October 2021, 96 homes closed in Waterbury CT. They ranged from a 1,923 square ft, 3-bedroom colonial, which sold for $70,000 to a 1,258 square ft, 3-bedroom raised ranch that sold for $470,000. The average price for the closed properties was $212,875  with average DOM of 33 days. 

For a comparison, there were 99 closings in Waterbury CT for the month of October 2020, with an average price of $185,091  and avg. days on market of 45 This shows that for October 2021, there were 3 less homes sold than in the  same period the previous year, with a 13% 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 still a strong sellers market.

 

October 2021 Real Estate Sales Report for Waterbury CT 

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 continue to increase in value demonstrating a very strong seller's 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.

 

If you would like information on homes for sale in Waterbury 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 Waterbury CT.

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 October 2021 Real Estate Sales Report for Waterbury 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 (6)

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

Hi Ed... home values might be increasing in Waterbury, but on the whole they are still quite affordable. Reminds me of Charlotte's market not that many years ago.

Nov 10, 2021 10:47 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 Waterbury, and with your knowledge and experience, buyers and sellers should know to give you a call.

Nov 10, 2021 10:50 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed what is happening in Waterbury seems to be very typical of what is happening throughout the state.

Nov 10, 2021 11:40 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Ed - good value appreciation is great and still opportunities for buyers in your area.

Nov 10, 2021 02:03 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Good evening Ed

what a wonderful report on the Waterbury market. I an sure that this is of great vale to buyers and sellers.

Nov 10, 2021 03:48 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The prices seem very affordable for homes in Waterbury and if anyone is looking for a home there they should definitely give you a call.

Nov 11, 2021 04:25 AM