What’s My Waterbury CT Home’s Value November 2015
Currently in Waterbury CT there are 329 active residential listings for sale, with 76 new listings being added in November. The homes for sale in Waterbury CT range from a 1,032 square ft, 3-bedroom REO colonial listed at $19,900 to a 4,222 square ft, 2-bedroom, ranch listed at $650,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.
The average list price of the homes currently available for sale in Waterbury CT is $125,033. The average days on market for these homes are 122 days.
There are currently 68 homes under contract in Waterbury CT, with 24 having gone under contract in November.
In November 2015, 53 homes closed in Waterbury CT. They ranged from a 1,110 square ft, 3-bedroom REO colonial, which sold for $35,600 to a 1,452 square ft, 2-bedroom ranch that sold for $200,000. The average price for the closed properties was $92,418 with average DOM of 84 days.
For a comparison, there were 47 closings in Waterbury CT for the month of November 2014, with an average price of $93,910 and avg. days on market of 114. This shows that for November of 2015, there were 6 more homes sold than the same period the previous year, and with a 1% increase in value and less days on market.
For the year 2014, the market sales or absorption rate was 51 sales per month, with an average sales value of $92,025 and average days on market of 87.
For the first quarter of 2015, the market sales or absorption rate for Waterbury CT was almost 43 sales per month, with an average sales value of $89,252 and average days on market of 89.
For the second quarter of 2015, the market sales or absorption rate for Waterbury CT was almost 41 sales per month, with an average sales value of $92,710 and average days on market of 85.
For the third quarter of 2015, the market sales or absorption rate for Waterbury CT was almost 67 sales per month, with an average sales value of $94,433 and average days on market of 71.
With the current number of homes on the market, the absorption rate equates to an 7+ month inventory. The Waterbury CT real estate market is showing a slight drop off from the first quarter sales but working to an improving market.
The graph demonstrates the average monthly sales value in Waterbury CT with strong fluctuations from month to month. The values in Waterbury CT are showing some signs of improving.
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.
November 2015 Real Estate Sales Report for Waterbury CT
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