Ed's Chesprocott Region Blog: Real Estate Market Statistics for Waterbury CT for August 2015

Real Estate Market Statistics for Waterbury CT for August 2015

What’s My Waterbury CT Home’s Value August 2015

 

 Real Estate Market Statistics for Waterbury CT for August 2015

Search for Homes in Waterbury CT

Currently in Waterbury CT there are 488 active residential listings for sale, with 92 new listings being added in August. The homes for sale in Waterbury CT range from a 3,472 square ft, 4-bedroom REO colonial listed at $9,500 to a 1,648 square ft, 3-bedroom, raised ranch listed at $399,900. 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 $125,865. The average days on market for these homes are 109 days.

There are currently 76 homes under contract in Waterbury CT, with 24 having gone under contract in August.

  

Real Estate Market Statistics for Waterbury CT for August 2015

In August 2015, 69 homes closed in Waterbury CT. They ranged from a 931 square ft, 2-bedroom REO cape, which sold for $29,900 to a 2,4000 square ft, 4-bedroom split level ranch that sold for $230,000. The average price for the closed properties was $92,444 with average DOM of 74 days.

 

For a comparison, there were 56 closings in Waterbury CT for the month of August 2014, with an average price of $103,185 and avg. days on market of 76. This shows that for August of 2015, there was 13 more homes sold than the same period the previous year, but with a 10% increase in value and similar 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. 

 

With the current number of homes on the market, the absorption rate equates to an 11+ month inventory. The Waterbury CT real estate market is showing a slight drop off from the first quarter sales.

 

 Real Estate Market Statistics for Waterbury CT for August 2015

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 stabilizing.

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, 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 Waterbury CT.

 

 

 August 2015 Real Estate Sales Report for Waterbury CT

 

 

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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 11 commentsEd Silva • September 23 2015 04:25AM

Comments

Good Morning Ed: It will take more time for Waterbury to be in a sellers' market.

Home buyers should take advantage of this.

Maria

 

Posted by Maria Gilda Racelis, Home Ownership is w/in Reach. We Make it Happen! (Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington) about 2 years ago

Hi Ed, Your homes in Waterbury are very affordable like my market area. We are still in a buyers market and have been for years.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional) about 2 years ago

Good Wednesday morning Ed.  Thanks for sharing the updated real estate information on the Waterbury real estate market.

Posted by John McCormack, AlbuquerqueHomes.com, Albuquerque Homes Realty (Albuquerque Homes Realty * www.AlbuquerqueHomes.com) about 2 years ago

Ed it is great to see the number of sales increasing in Waterbury, hope that continues.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) about 2 years ago

Ed, great market update for Waterbury, CT, and know you are the expert to call when buyers or sellers are ready to move! 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 2 years ago

How is a home not worth $9500, wish it was closer to me. Sales are moving in the right direction. Nice job with your report.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) almost 2 years ago

Hi Ed, excellent real estate statistics for Waterbury CT. Thanks for sharing.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 2 years ago

Ed I looked at the picture and for a second I thought it was 90 Haddad Rd....then I realized it was not a two car garage and there was no Fireplace:)), Endre

p.s.: I am amazed that the numbers did not bounce back yet....

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) almost 2 years ago

Hi Ed.  Your market is getting better.  Good luck.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) almost 2 years ago

Excellent Reporting on Statistics for Waterbury CT Ed. You did a fine job.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 2 years ago

Ed - very comprehensive report.  You have a very good suppy to offer buyers.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) almost 2 years ago

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