Waterbury CT December 2022 Housing Market for Zip Code 06708

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

Waterbury CT December 2022 Housing Market for Zip Code 06708

The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury.

 Waterbury CT December 2022 Housing Market for Zip Code 06708

There are currently 36 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $280,006 with average days in market of 45. There are also currently 17 under pending/show status and 27 under hard deposit status.

 Through 11 months of this year, there have been 298 closed sales in this zip code with the average value of homes sold at $254,593 with days on market of 34.

Through the same period of 2021 there were 397 closed listings in the 06708 zip code of Waterbury with an average sales price of $224,759 and average days on market of 38.

This demonstrates that while the average value of homes sold to date is almost 11% greater than the previous year, number of units closed are significantly less but selling with less days on market.

Through 11 months of 2022 the average number of homes sold per month, or absorption rate is 27 sales per month which means the current inventory is slightly greater than 1 month worth of sales. It also suggests that new listings will be highly competitive.

 

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 06708, please call me at 203-206-0754 or send me an email at easilva48@comcast.net.   I would be happy to assist you or to discuss homes on the market in zip code 06708 of Waterbury CT.

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Waterbury CT December 2022 Housing Market for Zip Code 06708

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Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (13)

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

Nice highlights of the Waterbury Real Estate market Ed. And just like you write..."Looking for a home? Get Results and Call Ed Silva"!

Dec 03, 2022 09:45 AM
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

Great market information for the Waterbury's west side. Everything is changing and it is best to get your take when on the move in Waterbury CT.

Dec 03, 2022 11:45 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed with the inventory being so low, I am surprised that the current days on the market in Waterbury are 45 days.

Dec 03, 2022 11:57 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I see that Santa Ed is back for the 2022 Holiday Season! At this point, do you consider 45 days on market to be a signal for a more serious slowdown?

Dec 03, 2022 12:06 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400   After a stress filled 2 years, there is a semblance of normalcy returning to the real estate landscape.

Emily Medvec   Thank you and thanks for stopping

Dec 04, 2022 05:38 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

George Souto   There are a lot of high-priced homes on that side of town, and they have not been keen on price adjustments so they carry the days on market longer than they should.

Nina Hollander, Broker   It's hard to tell as the market is still just under 2 months of inventory and the homes that take longer to sell are all high priced for the areas

Dec 04, 2022 05:41 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Your market reports for Waterbury always provide the information that buyers and sellers need!

Dec 04, 2022 12:47 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Dec 06, 2022 04:33 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Have a great day.

Dec 06, 2022 09:34 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed,

The Waterbury CT market report continues to give your buyers and sellers insight into the market.  It is a tricky market right now, but sellers need to know that there are serious buyers out there who need a home.

Dec 06, 2022 10:11 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, great market update for Waterbury CT, and always nice to know what is happening outside my area.

Dec 08, 2022 08:34 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Looks like your selling area is still highly competitive, Ed. Hope your market reports continue to get your phone ringing for people looking to buy or sell!

Dec 08, 2022 01:04 PM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Ed Silva

Very nice information to keep potential buyers abreast of the current market

Dec 15, 2022 05:08 PM