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

Real Estate Market Statistics for Waterbury CT for November 2015

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

 Real Estate Market Statistics for Waterbury CT for November 2015

Search for Homes in Waterbury CT

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.

  

Real Estate Market Statistics for Waterbury CT for November 2015

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. 

 

 Waterbury CT Market Trends Nov 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 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.

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.

 Waterbury CT Homes for sale

 

 November 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 7 commentsEd Silva • December 19 2015 06:43PM

Comments

Ed it has been a while since I have seen positive numbers in Waterbury.  Hope these numbers are the beginning of a better market in Waterbury in 2016

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

Hello Ed, an excellent look at the Waterbury Real Estate scene.

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

Dear Santa Ed Silva - this statistics is a great gift to the buyers and sellers of Waterbury, CT.

Posted by Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (eXp Realty) almost 2 years ago

Good morning Ed. Hope some of these positive trends continue moving in the same direction.

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

 Good morning Ed. Was hope that these positive trends continue well into 2016.

Posted by TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029 (Complete Home Inspections, Inc.) almost 2 years ago

Good Morning Ed,

There is nothing better (except maybe a closing) than seeing a positive trend in your market!  Much success in 2016...

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) almost 2 years ago

The homes are so affordable. Ed. I cannot believe how far the dollar will go.

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

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