December 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 December 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 15 active residential listings for sale. The homes for sale in Wolcott CT range from a 1,368 square ft, 3-bedroom ranch listed at $229,900 to a 4,681 square ft, 5-bedroom contemporary listed at $1,100,000.

  December 2022 Real Estate Sales Report for Wolcott CT

Search for Homes in Wolcott CT 

The average list price of the homes currently available for sale in Wolcott CT is $401,567. The average days on market for these homes are 107 days.  There are currently 24 homes under contract in Wolcott CT. 

  December 2022 Real Estate Sales Report for Wolcott CT

In December 2022, 18 homes closed in Wolcott CT. They ranged from an 2,752 square ft, 4-bedroom  REO colonial, which sold for $179,500 to a 5,266 square ft, 5-bedroom colonial that sold for $825,000. The average price for the closed properties was $383,176 with average DOM of 34 days. 

For a comparison, there were 26 closings in Wolcott CT for the month of December 2021, with an average price of $305,032  and average days on market of 61. This shows that for December 2022, there were 8 less homes sold than in the same period the previous year, with a 20%  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 of inventory in Wolcott, which is a strong seller's. The Wolcott CT real estate market is showing a positive improvement in values. 

 December 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

 

 December 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)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ed Silva You certainly know your local Wolcott Market buyers and sellers would be wise to call you when thinking of making a move. 

Jan 23, 2023 12:19 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 your latest market update for Wolcott, and the average home price is pretty reasonable.

Jan 23, 2023 01:19 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Ed,

Thank you for your  latest market update for Wolcott, CT. I'm amazed at the reasonable price of homes. You get a lot for your money!!

Jan 23, 2023 03:42 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed hopefully there will be and increase in inventory in 2023 and with it additional sales.

Jan 23, 2023 03:50 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Ed:

That's quite a difference in the December data for 2021 and 2022, especially in prices!

This is the kind of information buyers, and sellers, need to know about the their local area.

Jeff

Jan 23, 2023 05:11 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hello Ed... did I hear someone say the market is crashing? Certainly not in Wolcott!

Jan 23, 2023 06:01 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jan 23, 2023 08:55 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It sounds like there is something for everyone in Wolcott since prices range from the $200K's to over $1 million.

Jan 24, 2023 04:24 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Ed Silva - Wolcott sounds like the ideal place to plant family or single roots because of location, square footage, price points, and the community! It looks like a stable investment where many families or individuals enjoy quality living. 

Jan 24, 2023 05:25 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

Nice report on the Wolcott Real Estate market Ed. Working with you, buyers and sellers have a great advantage of being another sold!

Jan 24, 2023 07:26 AM