April 2023 Real Estate Market Statistics for Watertown CT

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

April 2023 Real Estate Market Statistics for Watertown CT


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 19 active residential listings for sale. The homes for sale in Watertown CT range from an 672 square ft, 2-bedroom ranch listed at $235,000 to a 5,607 square ft, 5-bedroom, colonial listed at $1,500,000. 

 April 2023 Real Estate Market Statistics for Watertown CT

Search for Homes in Watertown CT

The average list price of the homes currently available for sale in Watertown CT is $500,329.  The average days on market for these homes is 47 days. In addition, there are currently 22 homes in pending status and 23 under hard deposit in Watertown CT. 

 April 2023 Real Estate Market Statistics for Watertown CT

In April 2023, 13 homes closed in Watertown CT. They ranged from an 1,440 square ft, 4-bedroom colonial, which sold for $157,000 to a 2,140 square ft, 4-bedroom cape which sold for $510,000. The average price for the homes that closed in April in Watertown CT was $312,032 with average days on market of 37 days. 

By comparison, there were 14 closings in Watertown CT for the month of April 2022, with an average sales price of $323,397 and avg. days on market of 44.


This indicates that for April of 2023, there was 1 less home sold than in April 2022, with an average price 3.5% lower than the same period for the previous year with slightly less 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 slightly lower.

April 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

April 2023 Real Estate Market Statistics for Watertown CT


Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

My Blog
Email Me

C:  203-206-0754
Call or Text

O:  203-758-6440


Do you know anyone who is behind on their mortgage and doesn't know what to do? I may be able to help them. I am an experienced Short Sale Broker

Short Sales in Connecticut


Search all active Connecticut listings



Comments (6)

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 this most recent market update for Watertown, and sounds like it is a solid market right now.

May 30, 2023 08:34 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Ed,
Having an agent with a grasp of the current market conditions is so important to buyers and sellers right now. Thanks for sharing.

May 30, 2023 08:38 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I think this is the first market report I have seen that you posted with the average selling price being lower than it was last year.

May 30, 2023 02:20 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

May 30, 2023 08:51 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning again, Ed... all I can say is that I wish we had affordable homes like that! Anything under $350K is almost impossible to find these days.

May 31, 2023 04:50 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Ed, for sharing your outstanding local real estate reports.

Jun 01, 2023 05:19 AM