February 2023 Real Estate Market Statistics for Watertown CT

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

What's My Watertown CT Home Worth? February 2023


Watertown CT is a town in Southeastern Litchfield CountyConnecticut The ZIP codes for Watertown are 06795 (for most of the town) and 06779 (for the Oakville section). It is a suburb of Waterbury, CT.  It's population is app 23,000 and has a town manager form of government.   It occupies an area of 29.5 sq miles.  It is also a gateway to Litchfield county along the eastern end.


Currently in Watertown CT there are 12 active residential listings for sale. The homes for sale in Watertown CT range from an 1,208 square ft, 3-bedroom cape listed at $179,900 to a 6,109 square ft, 7-bedroom, colonial listed at $749,000. 

  February 2023 Real Estate Market Statistics for Watertown CT

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The average list price of the homes currently available for sale in Watertown CT is $528,617.  The average days on market for these homes is 49 days. In addition, there are currently 34 homes under contract in Watertown CT. 

  February 2023 Real Estate Market Statistics for Watertown CT

In February 2023, 11 homes closed in Watertown CT. They ranged from an 1,432 square ft, 5-bedroom colonial, which sold for $235,000 to a 6,201 square ft, 4-bedroom colonial which sold for $1,195,000. The average price for the homes that closed in February in Watertown CT was $382,364 with average days on market of 52 days.  

By comparison, there were 5 closings in Watertown CT for the month of February 2022, with an average sales price of $303,000 and avg. days on market of 42.


This indicates that for February of 2023, there were 6 more homes sold than in February 2022, with an average price 21% higher than the same period for the previous year with slightly longer time on market.


For the year 2022, the market sales or absorption rate was 22 sales per month, with an average sales value of $329,271 and average days on market of 37.  This value is comparable to the rates for 2021 as well. 

This rate with the current inventory would be less than a 1-month absorption rate. The current market is still a strong seller's market, however values are lower.

   February 2023 Real Estate Market Statistics for Watertown CT

The graph demonstrates the average monthly sales value in Watertown CT with constant growth across the second half of the year. The jump in values and numbers sold might indicate that Watertown still has very affordable values.

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

 February 2023 Real Estate Market Statistics for Watertown CT

Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (10)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Mar 21, 2023 08:19 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, that average sales price is sure creeping up in Watertown, and nice market update.

Mar 21, 2023 09:33 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed 21% average price increase over last year is a huge increase, and a strong sign we are still very much in a Sellers Market. 

Mar 21, 2023 10:10 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ed Silva  You are on top of the market buyers and sellers would be wise to call you when ready to buy or sell 

Mar 21, 2023 12:21 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and thank you for sharing your market report with us here in the Rain. today.  Make it a good one.

Mar 21, 2023 12:50 PM
Roy Kelley
Retired - Gaithersburg, MD

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

Have a great day, Ed, and a productive week.

Mar 21, 2023 12:59 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It's kind of refreshing to see that a 3-bedroom home can still be purchased for under $200K, that doesn't exist in my area, haha.

Mar 22, 2023 04:16 AM
Andrew Mooers | 207.532.6573
Northern Maine Real Estate-Aroostook County Broker

Thank you for the update... you sure know your local market in CT!

Mar 22, 2023 05:56 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed,

I know one thing.  If I or anyone else is looking for real estate in Watertown CT.  There is only only one REALTOR to call.  You are the expert.

Mar 22, 2023 09:32 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Wednesday afternoon, Ed. I hope all is going well for you this week.

Have an outstanding spring season.

Mar 22, 2023 09:35 AM