February 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 February 2022

Wolcott CT is a town bordered by Bristol and Southington in Hartford county, and Waterbury in New Haven county. It is primarily a suburban town located 80 miles from New York City with a commute of 20 miles to Hartford and 30 miles to New Haven. Only slightly greater than 50% of the towns land is developed as residential housing and commercial, light industrial businesses.

Currently in Wolcott CT there are 14 active residential listings for sale, with 3 new listings being added in February. The homes for sale in Wolcott CT range from a 988 square ft, 3-bedroom ranch listed at $188,100 to a 9,747 square ft, 6-bedroom colonial listed at $1,377,700.

 February 2022 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 $540,354. The average days on market for these homes are 88 days.  There are currently 40 homes under contract in Wolcott CT. 

 February 2022 Real Estate Sales Report for Wolcott CT

In February 2022, 14 homes closed in Wolcott CT. They ranged from an 1,500 square ft, 3-bedroom  ranch, which sold for $50,000 to a 3,520 square ft, 4-bedroom colonial that sold for $630,000. The average price for the closed properties was $295,414  with average DOM of 64 days. 

For a comparison, there were 18 closings in Wolcott CT for the month of February 2021, with an average price of $268,883  and average days on market of 75. This shows that for February 2022, there were 4 less homes sold than in the same period the previous year, with a 9%  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 seller's. The Wolcott CT real estate market is showing a positive improvement in values. 

 February 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 

 February 2022 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)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Ed - I hope the increased activity in Spring starts with more listings on the market.

Mar 21, 2022 05:29 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ed. Thanks for the update. Lack of inventory seems to be a problem in most areas. Enjoy your day.

Mar 21, 2022 05:33 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Ed, I see February is continuing the strong pace.   Good Monday morning, have a terrific day, and sell a house. bill

Mar 21, 2022 06:11 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, that is a healthy average sales price, and thanks for the market update for Wolcott.

Mar 21, 2022 06:56 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Ed, With only 3 homes added to the inventory in Wolcott in February, that doesn't seem like there is much to choose from for buyers Ed.

Mar 22, 2022 04:34 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am sure that those 3 new listings are getting a lot of attention from people that want to live in Wolcott.

Mar 22, 2022 06:12 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Mar 22, 2022 09:37 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed I am sorry, something came up that I can not make the zoom meeting today.  Buyers and Sellers would be wise to call you for all there Real Estate Needs.  Make it a great day!

Mar 22, 2022 09:50 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed Silva - Something that I missed in earlier posts is how close this is to NYC.  I keep forgetting that your area is so close.  It is actually a good selling point for those who do not want to live in the city but have to work there.  

Mar 22, 2022 10:42 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Mar 22, 2022 05:13 PM