Waterbury CT April 2023 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.
There are currently 18 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 $345,744 with average days in market of 42.
There are also currently 14 under pending/show status and 17 under hard deposit status.
Through 3 months of this year, there have been 43 closed sales in this zip code with the average value of homes sold at $266,734 with average days on market of 47 days.
Through the same period of 2022 there were 66 closed listings in the 06708 zip code of Waterbury with an average sales price of $237,955 and average days on market of 40.
This demonstrates that while the average value of homes sold to date is slightly greater than the previous year, and number of units closed are down greatly but selling with less days on market. This could be a carry-over from lack of inventory and higher interest rates
Through 2022 the average number of homes sold per month, or absorption rate was 27 sales per month which means the current inventory is slightly less 1 month worth of sales. It also suggests that new listings will still 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.
Waterbury CT April 2023 Housing Market for Zip Code 06708
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