November 2022 Market Trends For Waterbury CT's East End, Zip 06705

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

November 2022 Market Trends For Waterbury CT's East End, Zip 06705

 

The East End of Waterbury CT is highly residential and is also the preferred side of town for people that need to commute to Hartford. Many fine neighborhoods encompass the East End such as Fairlawn, Pierpont and East End.

 

 November 2022 Market Trends For Waterbury CT's East End, Zip 06705

 There are currently 21 active listings in the 06705 zip code with the average value of the homes for sale in Waterbury's 06705 zip code available for sale is $249,979 with average days in market of 65.

This represents a 1% increase in values over the previous month with slightly longer days on market, Also, there are also currently 34 properties under contract or hard deposit.

 

For the year 2021 there were 235 closed listings in the 06705 zip code of Waterbury with an average sales price of $189,057 and days on market of 36.

 

Through the current period of 2022, there have been 195 closings with an average sales price of $217,274 on market 31. This represents an increase in values of 13% through the same period the previous year.

 

Sold prices were at 103% of list so little to no room is there for negotiations and activity is brisk on new listings.

 

 

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 zip code 06705, 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 zip code 06705 of Waterbury CT.

 

 

 

November 2022 Market Trends For Waterbury CT's East End, Zip 06705

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (6)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... can't argue that Waterbury's housing market is holding its own. Fewer sales as in many areas, but the list to sale price ratio of over 100% is awesome.

Nov 28, 2022 08:31 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, thanks for sharing Waterbury's real estate market, and nice to hear you are seeing increases this time of year.

Nov 28, 2022 08:38 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Great post and good reasons why they should give you a call if they are looking to buy or sell!

Nov 28, 2022 09:21 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed 40 less closing is a significant number.  Hopefully things pick up again in 2023.

Nov 28, 2022 11:22 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed  and thank you for the information to share with us here in the Rain.  Make it a great day!

 

Nov 28, 2022 11:35 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

A 1% increase in value compared to the previous month is a pretty good increase in my opinion!

Nov 29, 2022 06:13 AM