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Market Trends For Waterbury CT's East End, Zip 06705 April 23, 2024

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

Market Trends For Waterbury CT's East End, Zip 06705 April 23, 2024

 

The East End of Waterbury CT is highly residential and is also the preferred side of town for people that need to commute to Hartford. Many fine neighborhoods encompass the East End such as Fairlawn, Pierpont and East End.

 

There are currently 11 active listings in the 06705 zip code with the average value of the homes for sale in Waterbury's 06705 zip code available for sale is $254,963 with average days in market of 11.

Also, there are currently 13 properties under a pending status contract or hard deposit. 

For the year 2023 there were 159 closed listings in the 06705 zip code of Waterbury with an average sales price of $241,209 and days on market of 38.  The homes also sold at an average of 101% of list price. 

Through the current period of 2024, there have been 37 closings with an average sales price of $246,521 and average days on market of 38. This represents an increase in values of 2% over the value for 2023. 

Sold prices were at 101% of list so little to no room is there for negotiations and activity is brisk on new listings. It also demonstrates that new listings are being priced to market conditions.

 

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 06705, 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 zip code 06705 of Waterbury CT.

 

 

 

Market Trends For Waterbury CT's East End, Zip 06705 April 23, 2024

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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O:  203-758-6440

 

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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ed and great information to share with us here in the Rain.  Hope you are having a great day!

Apr 23, 2024 10:33 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Ed... clearly Waterbury is also still in home seller "territory."

Apr 23, 2024 11:37 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Ed Silva, 203-206-0754  I would hope the sellers are calling you in Waterbury as you certainly have a handle on the Real Estate Market 

Apr 23, 2024 01:26 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed it would be nice to start seeing more inventory sometime this year.

Apr 23, 2024 02:26 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Ed,

With 11 active listings and 13 under contract your market is still favoring the sellers. Homes selling at 101% of list price is a great market!

Apr 23, 2024 04:05 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Ed, Buyers and sellers must be calling you for Waterbury East End. You have all the answers for them!

Apr 23, 2024 04:40 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Ed- it does look as if it's still a seller's market in your area. I'd suggest that any seller or buyer interested in your area, call you first to learn about the current market stats. 

Apr 23, 2024 06:17 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Such a beautiful place to call home!  It's probably too cold there for my blood though, haha.

Apr 24, 2024 05:22 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Apr 25, 2024 10:30 AM