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.
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.
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.
April 2022 Real Estate Sales Report for Waterbury CT