Watertown CT Real Estate Sales Report for October 2021

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

October 2021 Real Estate Market Statistics for Watertown CT

 

Watertown CT is a town in Southeastern Litchfield CountyConnecticutUnited States. The ZIP codes for Watertown are 06795 (for most of the town) and 06779 (for the Oakville section). It is a suburb of Waterbury, CT.  It's population is app 23,000 and has a town manager form of government.   It occupies an area of 29.5 sq miles.  It is also a gateway to Litchfield county along the eastern end.

Currently in Watertown CT there are 25 active residential listings for sale, with 1 new listing being added in October. The homes for sale in Watertown CT range from an 612 square ft, 1-bedroom bungalow listed at $119,500 to a 1,304 square ft, 3-bedroom, bi-level listed at $899,900. 

 Watertown CT Real Estate Sales Report for October 2021

Search for Homes in Watertown CT

 

The average list price of the homes currently available for sale in Watertown CT is $362,208. The average days on market for these homes is 67 days. In addition, there are currently 46 homes under contract in Watertown CT.

 Watertown CT Real Estate Sales Report for October 2021 

In October 2021, 31 homes closed in Watertown CT. They ranged from an 1,016 square ft, 3-bedroom ranch, which sold for $150,000 to a 2,130 square ft, 3-bedroom tri-level ranch which sold for $550,000. The average price for the homes that closed in October in Watertown CT was $309,961 with average days on market of 39 days.  The closed properties had a Sales price to List price ratio of 100%.

 

By comparison, there were 37 closings in Watertown CT for the month of October 2020, with an average sales price of $308,259 and avg. days on market of 38.

This indicates that for October of 2021, there were 6 less homes sold than in October 2020, with an average price almost identical as the same period for the previous year with less time on market. This shows that there was a decrease in value for units.  This is still a positive trend for Watertown CT. 

For the year 2020, the market sales or absorption rate was 26 sales per month, with an average sales value of $272,853 and average days on market of 63.  

This rate with the current inventory would be slightly less than a 1-month absorption rate. The current market is still a strong seller's market.  

Watertown CT Real Estate Sales Report for October 2021 

The graph demonstrates the average monthly sales value in Watertown CT for 2021 with constant growth across the second half of the 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 Watertown 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 Watertown CT.

 

Homes for sale in Watertown CT

Watertown CT Real Estate Sales Report for October 2021

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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 (7)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Monday Ed and thank you for the information of what is happening in your area.  Make it a great day!

 

Nov 29, 2021 08:51 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, always nice to read your market reports and good to see the news on Watertown CT.

Nov 29, 2021 09:20 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed the sales numbers in Watertown seem to be consistent with what the other towns in your area of the state are experiencing.

Nov 29, 2021 11:31 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

For all things Watertown I would turn to you and others should do the same if they are smart.

Nov 30, 2021 04:09 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... it's interesting to me that with such a strong market in the towns you follow that days on market are as long as they are.

Nov 30, 2021 05:37 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have a productive December.

Nov 30, 2021 08:54 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Ed,

Thank you for sharing the real estate information. 

Buyers and sellers in your area will benefit from your expertise. 

Wishing you continued success.

Bob

Dec 03, 2021 03:17 PM