Waterbury, CT Real Estate News

By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value June 2021Currently in Waterbury CT there are 97 active residential listings for sale, with 89 new listings being added in June. The homes for sale in Waterbury CT range from a 700 square ft, 2-bedroom ranch listed at $85,000 to a 4,698 square ft, 10-bedroom  colonial listed at $529,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.  Search for Homes in Waterbury CT The average list price of the homes currently available for sale in Waterbury CT is $230,899. The average days on market for these homes are 46 days.  There are currently 244 homes either under show status or hard deposit in Waterbury CT.   In June 2021, 93 homes closed in Waterbury CT. They ranged from a 2,140 square ft, 102-bedroom Vi...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
July Market Trends For Waterbury CT's West End Side, Zip 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. There are currently 30 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 $254,450 with average days in market of 41. There are also currently 101 properties under show or hard deposit contracts.For the first 6 months of this year there have been 195 closed listings in the 06708 zip code of Waterbury with an average sales price of $208,188 and average days on market of 44. This suggests an absorption rate of 33 sales per month which means the current inventory i...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
July Market Trends For Waterbury CT's North Side, Zip 06710The 06710 Zip code is for the North Side of Waterbury with 3 neighborhoods recognized as Hillside, Buck's Hill and North Square.  The Hillside area also has the highest concentration of historic homes in the town.It has offers an easy commute to Hartford and the Northwest corner of the state. There are currently 5 active listings in the 06710 zip code with the average value of the homes for available for sale is $232,760 and average days on market of 27. There are also currently 13 properties under contract.For the first 6 months of this year there have been 23 closed listings in the 06710 zip code of Waterbury with an average sales price of $175,904 and days on market of 57. This suggests an absorption rate of 4 sales per month...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value May 2021Currently in Waterbury CT there are 83 active residential listings for sale, with 58 new listings being added in May. The homes for sale in Waterbury CT range from a 900 square ft, 2-bedroom colonial listed at $72,900 to a 4,698 square ft, 10-bedroom  colonial listed at $529,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.  Search for Homes in Waterbury CT The average list price of the homes currently available for sale in Waterbury CT is $219,351. The average days on market for these homes are 41 days.  There are currently 232 homes either under show status or hard deposit in Waterbury CT.  In May 2021, 85 homes closed in Waterbury CT. They ranged from a 1,176 square ft, 2-bedroom cape ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
June Market Trends For Waterbury CT's North Side, Zip 06710The 06710 Zip code is for the North Side of Waterbury with 3 neighborhoods recognized as Hillside, Buck's Hill and North Square.  The Hillside area also has the highest concentration of historic homes in the town.It has a high concentration of multi-family homes and offers an easy commute to Hartford and the Northwest corner of the state. There are currently 5 active listings in the 06710 zip code with the average value of the homes for available for sale is $2177,120 and average days on market of 56. There are also currently 15 properties under deposit.For the first 5 months of this year there have been 21 closed listings in the 06710 zip code of Waterbury with an average sales price of $166,960 and days on market of 65. This s...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Trends For Waterbury CT's East Mountain, Zip 06706  June 2021 The hill heading south along RT 69 in Waterbury is called the East Mountain area of Waterbury CT. Its most prominent feature is the hillside which carries the name and also serves as the retainer for the watershed once known as the East Mountain reservoir. Adjacent to the reservoir is one of the 2 public courses in Waterbury East Mountain golf course.It is another highly residential and is also an easy commute to New Haven or Hartford. The 06706 zip code also includes the neighborhoods known as Washington Hill and the South End.  There are currently 9 active listings in the 06706 zip code with the average value of the homes for sale in Waterbury's 06706 zip code available for sale is $166,311 with average days in marke...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Trends For Waterbury CT's East End, Zip 06705 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 20 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 $228,580 with average days in market of 25. There are also currently 32 properties under deposit. For the first 5 months of this year there have been 77 closed listings in the 06705 zip code of Waterbury with an average sales price of $175,674 and days on market of 39. The same period in 2020 saw 72 closings with an average sales price of $126,170 and days on ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A Five Star Review for a Short Sale in Connecticut We should all do our best at all times to help our clients with their real estate needs. In the current market, selling a home is not as difficult with low inventory. However, there are always issues with homes that make them a touch more needy when it comes to getting the deal through closing.Such was the case with the family I represented in a recent short sale. After the final letters were exchanged and the family knew they were out of trouble with their lender, I received the review posted below in an email from their daughter. My family had the privilege of working with Realtor® Mr. Ed Silva of MapleRidge Realty in Waterbury CT.  After all of the experiences we had trying to save our home, when we met Ed he placed our minds at ease...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Trends For Waterbury CT's West End Side, Zip 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.The highest property values in Waterbury can also be found in this zip code as the properties are newer and lot sizes are larger. There are currently 31 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 $238,484 with average days in market of 37. There are also currently 29 properties under deposit.For the first 5 months of this year there have been 168 closed listings in the 06708 zip code of Waterbury with an average sales price of $206,903 and days on market of 45...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Memorial Day 2021  Remembering The Cost Of FreedomOriginally started after the Civil War as a day of remembrance for the fallen soldiers on both sides of that war, Memorial Day as evolved into a day of honor for all combatants who gave their lives in any war our nation has been involved with since.As a kid in grade school, I well remember seeing veterans on corners with poppies for sale, raising money to plant flags on graves of veterans on this Holiday.  The significance was something that came into focus when we had to learn the poem "In Flanders Fields".The poem was written by a surgeon after a particularly bloody battle in World War 1.  As he viewed the battle field after the carnage and exhausting work, he was startled to see the red poppies waving in the grass stained with the blo...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Memorial Day Activities around Greater Waterbury CT  May 2021As our State continues its recovery from the pandemic, activities for towns are limited.  However, some of the towns in the Greater Waterbury CT area are still holding events to honor the brave men and women that gave their lives defending our freedom.Below is a brief summary of some of the events.The following Memorial Day events will take place on Sunday: In Waterburythere will be a concert at 1 p.m. on the city Green featuring the Mattatuck Fife and Drum Band, William Pierpont, and Drum Major. In the event of rain, the concert will be held at the Basilica of the Immaculate Conception at 1 p.m., followed by Patriotic Services at 2 p.m. In Woodbury, the annual Memorial Day Parade takes place at 2 p.m. Line up for all marchers...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
May Market Trends For Waterbury CT's North Side, Zip 06710The 06710 Zip code is for the North Side of Waterbury with 3 neighborhoods recognized as Hillside, Buck's Hill and North Square.  The Hillside area also has the highest concentration of historic homes in the town.It has a high concentration of multi-family homes and offers an easy commute to Hartford and the Northwest corner of the state. There are currently 13 active listings in the 06710 zip code with the average value of the homes for available for sale is $219,600 and average days in market of 53. There are also currently 10 properties under deposit.For the first 4 months of this year there have been 20 closed listings in the 06710 zip code of Waterbury with an average sales price of $166,590 and days on market of 60. This su...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
May Market Trends For Waterbury CT's West End Side, Zip 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.It is another highly residential section of town and offers the easiest commute to Danbury, New York or New Haven.The highest property values in Waterbury can also be found in this zip code as the properties are newer and lot sizes are larger. There are currently 28 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 $227,846 with average days in market of 41. There are also currently 30 properties under deposit.For the first 4 months of this year there have been 1...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value April 2021Currently in Waterbury CT there are 70 active residential listings for sale, with 54 new listings being added in April. The homes for sale in Waterbury CT range from a 8347 square ft, 3-bedroom ranch listed at $89,900 to a 4,698 square ft, 10-bedroom  colonial listed at $529,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.  Search for Homes in Waterbury CT The average list price of the homes currently available for sale in Waterbury CT is $202,971. The average days on market for these homes are 43 days.  There are currently 119 homes under contract in Waterbury CT.  In April 2021, 81 homes closed in Waterbury CT. They ranged from a 952 square ft, 3-bedroom ranch, which sold for $75,000...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Trends For Waterbury CT's East End, Zip 06705 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.   Through the first 4 months, the average value of the homes for sale in Waterbury's East End is $200,310 with average days in market of 34. For the first 4 months of this year there have been 63 closed listings in the 06705 zip code of Waterbury with an average sales price of $170,556 and days on market of 40. The same period in 2020 saw 55 closings with an average sales price of $121,869 and days on market 55. This represents an increase in values of 29%. Sold prices were at 101% of list so little to no room is th...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Waterbury  CT First Quarter 2021 Real Estate Market AnalysisThe year 2020 was an unusual year for so many reasons.  With the pronouncement of the pandemic back in mid February of the year, the world watched in disbelief as the virus spread at an incredibly fast pace and affected all ages all over the  world.In the world of real estate, the exuberance of the business that had started in 2019 started to slow as people became wary of venturing into homes not knowing who was there or their state of health. Likewise, sellers were wary of having people come into their homes and possibly bringing in a bacterial issue that would infect their families. For the year 2020, the market sales or absorption rate was almost 78 sales per month, with an average sales value of $154,998 and average days on...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Earth Day Clean Up in Waterbury CT Apr 24, 2021 The Earth Day Cleanup will take place April 24 from 9 a.m. to noon, beginning in the Sears parking lot on the East Main Street side of the Brass Mill Center mall. At noon, PAL will provide a hot dog lunch in Schofield Park in Bunker Hill.The volunteers will gather at the East Main St side of the Sears building starting at 8:30 AM.  PAL will provide hot dogs and water to all volunteers. The Lead Person of the event, Bonnie Orintas offers,  “It’s certainly a lesson to people that might see that that people do care about Waterbury,” she said. “We’ll do the best we can and we’ll appreciate anyone that comes. I hope it’s a feel-good thing for people who love the city and want to get it cleaner.”The clean-up was cancelled last year due to the pa...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Car Shows Are Back In Connecticut This YearMissing last year due to the pandemic were the antique and specialty car shows that so many attended almost every weekend from May thru October, weather permitting.Well they're back and maybe even the 'Cruise' Nights as well. So many people stop and stare when an older car makes its way down the street. Owners pay special detail to their cars and are wary of people that look and try and touch.  Those shiny hunks of metal have hours of care and attention to keep them that way and fingerprints are not appreciate. The established car shows are well known and for car owners who have gone to them in the past, they are appreciated for the attention the judges offer while running down a row of cars. The trophies awarded at the end of the shows have pl...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Fulton Park, Waterbury CT A Special Place For AllLocated 90 miles from another famous recreational venue is the largest municipal park in the Greater Waterbury CT area. Fulton park has the distinction of also being designed  by the Olmsted Brothers, the successor landscape architecture firm to Frederick Law Olmsted, renowned designer of New York City’s Central Park and recognized as “Father of American Landscape architecture.”  In the early 1900's Waterbury was a center for brass manufacturing as well as the feeders businesses that were necessary to keep them running. It was known as the Brass Capital of the World and kept that distinction until the use of plastics and aluminum replaced many of the former brass products. One of those industrialists, William Fulton, acquired land around ...
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By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Which Came First, The Chicken or The Egg?This is a question that has been asked over and over again and has raised controversy repeatedly. In the current real estate climate, sellers must decide which path to follow first:Be a seller and place the house on the market, or Find the new House and then sell the current one? The volume of quality listings is so low, there is little chance that a new listing hitting the market will wait very long before a queue of buyers are lined up to view and place their offer. That same zeal for a home will be the reality of the seller. If they are relocating away from their current home and have already gotten some security with housing, then it is an easy decision to make.If they are staying in the immediate area and have done some homework they know it...
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