June 2023 Real Estate Sales Report for Waterbury CT

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

What’s My Waterbury CT Home’s Value June 2023

Waterbury CT is the second largest town in New Haven County with a population of app
115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City.

The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass mills they used for raw materials and converting to cheaper and lighter aluminum or plastic.


Currently in Waterbury CT there are 66 active residential listings for sale. The homes for sale in Waterbury CT range from a 924 square ft, 2-bedroom ranch listed at $120,000 to a 1,526 square ft, 4-bedroom cape listed at $399,900. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.


June 2023 Real Estate Sales Report for Waterbury CT 

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The average list price of the homes currently available for sale in Waterbury CT is $279,762.  This represents a drop of a 1% from the previous month. The average days on market for these homes are 50 days.  There are currently 45 homes under pending status and 70 homes under hard deposit in Waterbury CT.  

 June 2023 Real Estate Sales Report for Waterbury CT

In June 2023, 81 homes closed in Waterbury CT. They ranged from a 1,024 square ft, 2-bedroom row house, which sold for $43,000 to a 3,238 square ft, 4-bedroom cape that sold for $825,000. The average price for the closed properties was $270,127 with average DOM of 24 days. 

For a comparison, there were 83 closings in Waterbury CT for the month of June 2022, with an average price of $229,084 and avg. days on market of 31.  This shows that for June 2023, there were 2 less homes sold than in the same period the previous year, but there was an 15% average increase in value and slightly less days on market. 

Even though interest rates are higher, the values are still greater than the previous year.

For the year 2022, the market sales or absorption rate was 77 sales per month, with an average sales value of $229,826 and average days on market of 36.

With this absorption rate the current inventory equates to less than a 1-month inventory which is still a strong seller's market, but with interest rate concerns, prices are not showing any appreciable decline.


 June 2023 Real Estate Sales Report for Waterbury CT

The graph demonstrates the average monthly sales value in Waterbury CT with minimal fluctuations from month to month. The values in Waterbury CT continue are showing a slight decline in sales values and activity has slowed wither due to a rise in interest rates or seasonal lull. It is still, however a strong seller's 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 Waterbury 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 Waterbury CT.

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 June 2023 Real Estate Sales Report for Waterbury CT


Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (8)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, you have quite a few zip codes, but being the 2nd largest town, guess that sounds right.

Jul 29, 2023 12:07 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I was surprised the number of sales was so close between last year and this year.

Jul 29, 2023 01:26 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Ed- whether you are looking for a home and want to sell yours in Waterbury CT, who better to call than Ed Silva!!!!

Jul 29, 2023 02:29 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and thank you for sharing your interesting blog with us here in the Rain.  Make it a great day.


Jul 29, 2023 04:05 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... June was certainly a hot month for Waterbury sales... that's quite the increase in values month-over-month.

Jul 30, 2023 05:45 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,
Your area sounds much more affordable than mine. Thanks for the report.

Jul 30, 2023 09:04 AM
Roy Kelley
Retired - Gaithersburg, MD

Families considering a move to the area will appreciate your local real estate reports.

Jul 31, 2023 11:39 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Aug 01, 2023 02:56 PM