Ed's Chesprocott Region Blog

Real Estate Market Statistics for Cheshire CT for June 2016

What’s My Cheshire CT Home Worth, Market Statistics for June 2016

 

 Real Estate Market Statistics for Cheshire CT for June 2016

Currently in Cheshire CT there are 231 active residential listings for sale. They range from a 728 square ft, 1-bedroom ranch listed at $74,900 to a 5,500 square ft, 4-bedroom colonial listed at $1,500,000. The average list price of the homes currently available for sale in Cheshire CT is $462,181. The average days on market for these homes is 116 days. For the month of June, there were 37 new homes listed for sale in Cheshire CT.

 

Search for Homes in Cheshire CT

 

There are currently 18 homes under contract in Cheshire CT, 7 of which went under contract in June. The average list price for the homes under contract is $342,716 with average days on market of 40 days.

 

 Real Estate Market Statistics for Cheshire CT for June 2016

 

In June 2016, 63 homes closed in Cheshire CT. They ranged from a 1,306 sq ft, 3-bedroom cape which sold for $155,000 to a 6,153 sq ft 5-bedroom, colonial which sold for $966,500.  Average sales price of the homes that sold was $366,605. Average DOM of 72 days. The closed properties had a Sales price to List price ratio of 98%.

 

By comparison, there were 31 closings in Cheshire CT for the month of June 2015, with an average price of $391,081 and avg. days on market of 74. This would indicate that in June 2016, the number of homes sold was greater by 32 homes, and the average value of the homes was almost 10% less with slightly less days on market.

 

For the year 2015, the market sales or absorption rate was 20 sales per month, with an average sales value of $357,106 and average days on market of 76.

For the first quarter of 2016, the market sales or absorption rate for Cheshire CT was 15 sales per month, with an average sales value of $310,742 and average days on market of 95.

For the second quarter of 2016, the market sales or absorption rate for Cheshire CT was 33 sales per month, with an average sales value of $364,364 and average days on market of 79. This rate with the current inventory would be a 7 month absorption rate. The current market is still considered a buyer’s market.

 

 Real Estate Market Statistics for Cheshire CT for June 2016

The graph demonstrates the average monthly sales value in Cheshire CT with strong fluctuations from month to month. The sales appeared to demonstrate a gradual increase in prices over the last 4 months, however.

If you are interested in buying or selling a home in the Cheshire CT area send me an email or call and we can set up a time to meet.

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 Cheshire 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 Cheshire CT. 

 Search for Homes in Cheshire CT

 

Real Estate Market Statistics for Cheshire CT for June 2016

 

 

Search for all Connecticut homes 

Subscribe

 

 

 

 

Do you know somebody who is behind on their mortgage and doesn't know what to do? I may be able to help them, especially if they are facing foreclosure!

Get Help with Short Sale in Connecticut

    www.ctshortsalesilva.com

 

 

 

 

Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,  www.edwardsilva.com  203-206-0754

Comment balloon 1 commentEd Silva • July 15 2016 05:28PM
Real Estate Market Statistics for Cheshire CT for June 2016
share
What’s My Cheshire CT Home Worth, Market Statistics for June 2016 Currently in Cheshire CT there are 231 active residential listings for sale. They range from a 728 square ft, 1-bedroom ranch listed at $74, 900 to a 5, 500 square ft, 4-bedroom… more
Prospect CT June 2016 Real Estate Market Trends
share
What’s Happening in The Prospect CT Real Estate Market June 2016? Search for Homes in Prospect CT Currently in Prospect CT there are 60 active residential listings for sale, with 13 new listings being added in June. The homes for sale in… more
June 2016 Real Estate Sales Report for Waterbury CT
share
What’s My Waterbury CT Home’s Value June 2016 Search for Homes in Waterbury CT Currently in Waterbury CT there are 435 active residential listings for sale, with 95 new listings being added in June. The homes for sale in Waterbury CT range from… more
Celebrating 240 Years as a Nation July 4, 2016
share
Celebrating 240 Years as a Nation July 4, 2016 Our country is a nation carved out of wilderness and settled with people who were cast-offs from their respective countries, or the poor and desperate seeking a chance and willing to gamble with their… more
July 4th 2016 Fireworks and Celebrations in the Greater Waterbury CT…
share
July 4th 2016 Fireworks and Celebrations in the Greater Waterbury CT Area It will be a busy week of celebrations of the July 4th holiday in the Greater Waterbury CT area. It's a Birthday Celebration, number 240 for our nation. While a relatively… more
Real Estate Market Statistics for Cheshire CT for May 2016
share
What’s My Cheshire CT Home Worth, Market Statistics for May 2016 Currently in Cheshire CT there are 253 active residential listings for sale. They range from a 728 square ft, 1-bedroom ranch listed at $79, 900 to a 7, 106 square ft, 5-bedroom… more
Wolcott CT Real Estate Sales Report for May 2016
share
Market Statistics for Wolcott CT May 2016 Currently in Wolcott CT there are 137 active residential listings for sale. They range from a 888 square ft, 1-bedroom ranch listed at $84, 900 to a 3, 039 square ft, 4-colonial listed at $699, 000. The… more
Southington CT Movies at the Drive-in
share
Southington CT Movies at the Drive-in Although there are not a lot of outdoor theaters still in operation, the Town of Southington CT has taken an opportunity with one of their town owned recreation areas. What was once the site of the Southington… more
Safe Under Ground Oil Storage Removal
share
Safe Under Ground Oil Storage Removal In the '70's and '80's it was not uncommon in New England, for people putting up larger homes to have bulk oil storage tanks installed outside, underground. This was thought to be more cost effective and to… more
A Summer of Music on the Green in Prospect CT
share
A Summer of Music on the Green in Prospect CT The Prospect CT Board of Recreation has announced its concert schedule for the Summer. All concerts are held outside, but in the event of rain, an alternate venue will be offered. Come out and enjoy a… more