Watertown CT 2022 Year End Real Estate Market Analysis

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

Watertown CT 2022 Year End Real Estate Market Analysis

The year 2022 was a continuation of the strong seller's market of the previous 2 years.  The rise of interest rates created due to the inflationary trend in the second half of the year put some buyers back into a waiting mode.


Businesses are on the rebound and their biggest obstacles are the rise in raw materials as well as the lack of qualified employees.


In spite of this, after a slight pause the market in Watertown began its rise and finished the year strong.

 Watertown CT 2022 Year End Real Estate Market Analysis

For the year 2021, the market sales or absorption rate was 23 sales per month, with an average sales value of $308,435 and average days on market of 47.

For the year 2022, the market sales or absorption rate was 23 sales per month, with an average sales value of $329,271 and average days on market of 37. The values saw a 6% increase in value from the previous year with more homes sold per month and within fewer days.

 Watertown CT 2022 Year End Real Estate Market Analysis

It was a decidedly stronger market as there were more listings put up and competition for those were aggressive.

Currently there are only 19 active listings available in Watertown, CT. The New Year will start off with a strong report as there are 27 listings currently going through the closing process and as the weather gets warmer more activity will surely hit the 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 Watertown 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 Watertown CT.


 Homes for sale in Watertown CT


Watertown CT 2022 Year End Real Estate Market Analysis


Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (11)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good  morning Ed,

Sounds like Watertown Ct real estate market finished strong. I'm optimistic about the 2023 market..one month almost down in 2023!

Jan 30, 2023 06:16 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, nice end of year market update for Watertown, and not too shabby!

Jan 30, 2023 07:17 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Morning and looks like a steady homes sold for the last four hears and thanks for sharing with us.  We are -10 at 430 this morning and tie a 38 year record so staying in today!


Jan 30, 2023 08:39 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... looks like Watertown pretty much hit it out of the park this year! 

Jan 30, 2023 10:52 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

In some ways the Watertown, CT real estate market, 2022 was better than 2021, Ed. Here's to more sales for you this year and much continued success (and more golf)!

Jan 30, 2023 06:10 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I was expecting the homes sold in 2019 and 2020 to be much higher than 2022.

Jan 30, 2023 07:00 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You keep a keen eye on the Watertown market and clients of yours are blessed to work with you!

Jan 31, 2023 04:41 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jan 31, 2023 08:46 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Ed- people in all areas want this kind of information!!!   In Watertown CT, you are the local expert. 

Jan 31, 2023 10:20 AM
Patricia Feager, MBA, CRS, GRI,MRP
Selling Homes Changing Lives

Ed Silva - The year is still early. I wish you a prosperous year with lots of reasons to celebrate your successes. 

Jan 31, 2023 05:44 PM
Roy Kelley
Retired - Gaithersburg, MD

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

Have a great day and an outstanding week.

Feb 01, 2023 10:22 AM