April 2022 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 April 2022

Waterbury CT is the second largest town in New Haven County with a population of app
115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City.

The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass meals they used for raw materials and converting to cheaper and lighter aluminum or plastic.

 

Currently in Waterbury CT there are 76 active residential listings for sale, with 30 new listings being added in April. The homes for sale in Waterbury CT range from a 616 square ft, 1-bedroom ranch listed at $100,000 to a 3,260 square ft, 4-bedroom  ranch listed at $829,900. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.

 

 April 2022 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 $250,146. The average days on market for these homes are 44 days.  There are currently 166 homes either under show status or hard deposit in Waterbury CT.  

 April 2022 Real Estate Sales Report for Waterbury CT

In April 2022, 70 homes closed in Waterbury CT. They ranged from a 684 square ft, 2-bedroom ranch, which sold for $91,000 to a 4,097 square ft, 6-bedroom Victorian colonial that sold for $510,000. The average price for the closed properties was $225,102  with average DOM of 38 days. 

For a comparison, there were 82 closings in Waterbury CT for the month of April 2021, with an average price of $192,712  and avg. days on market of 38.  This shows that for April 2022, there were 3 less homes sold than in the  same period the previous year, with a 9% average increase in value and similar days on market.

For the year 2021, the market sales or absorption rate was 86 sales per month, with an average sales value of $206,044 and average days on market of 36. With this absorption rate the current inventory equates to less than a 1 month inventory which is still a very strong sellers market.

 

 

The graph demonstrates the average monthly sales value in Waterbury CT with minimal fluctuations from month to month. The values in Waterbury CT continue to increase in value demonstrating a very strong sellers 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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 April 2022 Real Estate Sales Report for Waterbury CT

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (7)

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

Good morning Ed - with just some bump months the trend for home values in Waterbury is soaring.

May 16, 2022 07:04 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sales up in Waterbery, Ed... sounds good to me... we mostly see sales down due to lack of inventory.

May 16, 2022 07:05 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Another very good report, Ed.  Homeowners and home sellers sure like to see those values moving up.  It has been a good time for them.

May 16, 2022 07:10 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Monday Ed and Thanks for the information to share with us here in the Rain.  Make it a great week!

May 16, 2022 09:47 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed even though homes sold pretty quick last year, I am surprised this year is not quicker.

May 16, 2022 04:38 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

May 16, 2022 08:12 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 most recent market update for Waterbury.  Great info for Sellers considering a move.

May 21, 2022 06:47 AM