What's My Watertown CT Home Worth, January 2024
Watertown CT is a town in Southeastern Litchfield county, Connecticut. 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. Its 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 11 active residential listings for sale. The homes for sale in Watertown CT range from an 934 square ft, 3-bedroom ranch listed at $135,000 to a 3,668 square ft, 4-bedroom, colonial listed at $890,000.
Search for Homes in Watertown CT
The average list price of the homes currently available for sale in Watertown CT is $548,155. The average days on market for these homes is 82 days. In addition, there are currently 11 homes in pending status and 11 under hard deposit in Watertown, CT.
In January 2024, 14 homes closed in Watertown CT. They ranged from a 1,152 square ft, 3-bedroom bungalow, which sold for $135,000 to a 3,400 square ft, 4-bedroom colonial which sold for $750,000. The average price for the homes that closed in January in Watertown CT was $420,700 with average days on market of 45 days. The homes sold at an avg. of 99% of asking.
By comparison, there were 10 closings in Watertown CT for the month of January 2023, with an average sales price of $304,050 and avg. days on market of 56. The homes sold at an avg. of 97% of asking.
This indicates that for January of 2024, there were 8 less homes sold than in January 2023, with an average price 28% higher than the same period the previous year with less time on market.
For the year 2023, the market sales or absorption rate was 19 sales per month, with an average sales value of $361,560 and average days on market of 28.
This rate with the current inventory would be slightly greater than 1 month of inventory. The current market is still a strong seller's market, and values are still slightly higher.
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.
January 2024 Real Estate Market Statistics for Watertown CT
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