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.
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.
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.
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.
October 2021 Real Estate Sales Report for Waterbury CT