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Waterbury CT April 2023 Housing Market for Zip Code 06708

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

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.

Waterbury CT April 2023 Housing Market for Zip Code 06708 

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.

 Waterbury CT April 2023 Housing Market for Zip Code 06708

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.

Search for Homes in Waterbury CT Zip 06708

 

Waterbury CT April 2023 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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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ed Silva  You are the go-to Agent in the area. You are always on top of the market stats. Buyers and sellers would be wise to call you when thinking of making a move  

Apr 01, 2023 10:24 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and thank you for your market report to share with us here in the Rain.  Make it  a great Saturday!

Apr 01, 2023 10:36 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good afternoon Ed. Always good to hear about the markets. Thanks for the update. Enjoy your day.

Apr 01, 2023 11:10 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Ed that is a substantial number of less closing this year than last year.  Hopefully inventory will pick up.

Apr 01, 2023 12:36 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed Silva - Another great Waterbury CT market report.  Median prices have bumped up since last year.  For those looking to buy or sell, now is the time to see Ed.  He has the experience to get you the best price.  Don't wait. The prices are not going down.

Apr 01, 2023 02:18 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Apr 01, 2023 08:06 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The houses in Waterbury look nice and the pricing seems fair!  I hope that you are having a nice weekend!

Apr 02, 2023 05:28 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... our prices also continue to increase, while new listings continue to decrease. But days on market are not yet going down. From January to February they increased two days on average, which was a smaller increase than we'd seen in previous months, however.

Apr 02, 2023 06:20 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, thank you for sharing the recent Waterbury market update, and shows your experience in the market. 

Apr 02, 2023 07:11 AM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Ed, Good report for people in your market.  May the upcoming warmer weather help create more listings.

Apr 02, 2023 08:24 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Hannah Williams   Thank you I have always had great opportunities in Waterbury.

Will Hamm    Thank you and thanks for stopping

Apr 02, 2023 09:27 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Wayne Martin   Thank you and have a great day as well.

George Souto   Closings are down all over as inventory is sparce..

 

Apr 02, 2023 09:29 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Sheri Sperry - MCNE®   Prices in Waterbury continue to creep upwards and that is good for those that have lived in ton a long time.

Myrl Jeffcoat   Thank you and thanks for stopping.

Apr 02, 2023 09:31 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Brian England   Prices are still reasonable by comparison to the surrounding towns.  I trust you will be watching the Nationally televised Pickleball tournaments this afternoon.

Nina Hollander, Broker   While our prices may not be as high as yours, the trends are similar

Apr 02, 2023 09:34 AM
Brian England

Haha, I would never watch a pickleball tournament on tv, I rarely even watch tennis on TV.  Basketball is my sport, so I watch the Final Four, even though my team is not in it, haha.

Apr 02, 2023 01:44 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Joan Cox   Thank you.  It is a market that I have lived around all my life.

Gloria Todor   Hopefully it will trend across the country

Apr 02, 2023 09:36 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Wonderful market report for Waterbury CT, Ed. You're certainly the one to call for anything real estate in the Waterbury!

LOVE your market snapshot graphic. Is that something you created or is it provided by your MLS? 

Our market is definitely seeing a significant increase in listings. Our inventory increased 69%, for which our buyers are extremely grateful! I actually showed 3 houses in a row to one client yesterday - thought I was in heaven! I'm quite often showing ONE because there just hasn't been any inventory.

Apr 02, 2023 11:50 AM