January 2022 Real Estate Sales Report for Wolcott CT

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

What’s My Wolcott CT Home’s Value January 2022

Currently in Wolcott CT there are 15 active residential listings for sale, with 5 new listings being added in January. The homes for sale in Wolcott CT range from a 988 square ft, 3-bedroom ranch listed at $198,000 to a 9,747 square ft, 6-bedroom colonial listed at $1,377,700.

  January 2022 Real Estate Sales Report for Wolcott CT

Search for Homes in Wolcott CT 

The average list price of the homes currently available for sale in Wolcott CT is $354,723. The average days on market for these homes are 80 days.  There are currently 39 homes under contract in Wolcott CT. 

  January 2022 Real Estate Sales Report for Wolcott CT

In January 2022, 14 homes closed in Wolcott CT. They ranged from an 595 square ft, 1-bedroom  Bungalow, which sold for $123,000 to a 1,746 square ft, 3-bedroom ranch that sold for $450,000. The median price for the closed properties was $287,500 with median DOM of 36 days. 

For a comparison, there were 17 closings in Wolcott CT for the month of January 2021, with an median price of $280,000 and med. days on market of 50. This shows that for January 2022, there were 3 less homes sold than in the same period the previous year, with a $7,000 average increase in value and less days on market.

For the year 2021, the absorption for Wolcott, CT was  23 sales per month. With this rate and the current inventory, there would be less than 1 month absorption rate, which is a strong sellers market. The Wolcott CT real estate market is showing a positive improvement in values. 

  January 2022 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. 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. 

 Homes for sale in Wolcott CT

 January 2022 Real Estate Sales Report for Wolcott CT

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (14)

Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Great details about your real estate area. Have a great year in 2022 plus many...

Feb 15, 2022 07:10 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Feb 15, 2022 08:43 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... I suspect that the Wolcott market will remain a seller's market for some time to come with that absorption rate.

Feb 15, 2022 08:53 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and great to hear what your market is looking like and about new listing coming on the market.  Make it a great day!

 

Feb 15, 2022 08:55 AM
Anna Chroscicki
Re/Max Masterpiece Realty - Port St Lucie, FL
Realtor - St. Lucie County affordable Real Estate

I noticed much longer on the market than last year....am I correct? Would that mean slowing down? 

Feb 15, 2022 09:07 AM
Tony Busanich
TD Bank - Freehold, NJ
1-4 FAMILY HOME LOAN SPECIALIST

Good afternoon Ed, thanks for sharing the Wolcott Ct., market update report for January 2022. Wish you all the best. 

Feb 15, 2022 10:45 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed except for the days on the market, the figures were pretty close.

Feb 15, 2022 02:38 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, thanks for sharing the market update for Wolcott, and sure buyers and sellers find it valuable.

Feb 15, 2022 03:46 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Roy Kelley   Thank you and thanks for stopping

 

Nina Hollander, Broker   There are just no homes to buy

Feb 15, 2022 05:33 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Will Hamm   New listings would be greatly appreciated by buyers.

 

Anna Chroscicki  More a matter of homes being too highly priced and staying on market longer

Feb 15, 2022 05:35 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Tony Busanich   Thanks for stopping.

 

George Souto   There are a couple of very large homes on market that are skewing the days on market

Feb 15, 2022 05:37 PM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Ed- it looks like the Wolcott, CT market is still going strong. 

Feb 15, 2022 06:18 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Feb 15, 2022 10:19 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Ed Silva - Sellers can count their lucky stars. Buyers, well.... you know. As usual, you cover a lot of great information for consumers. I wish you all the best. 

Feb 16, 2022 04:18 AM