Ed's Chesprocott Region Blog: Wolcott CT Real Estate Sales Report for February 2016

Wolcott CT Real Estate Sales Report for February 2016

Market Statistics for Wolcott CT February 2016

 

 Wolcott CT Real Estate Sales Report for February 2016

Currently in Wolcott CT there are 118 active residential listings for sale. They range from a 1,152 square ft, 3-bedroom ranch listed at $72,000 to a 3,039 square ft, 4-colonial listed at $699,000. The average list price of the homes currently available for sale in Wolcott CT is $278,562. The average days on market for these homes is 155 days. For the month of February, there were 9 new homes listed for sale in Wolcott CT.

 

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There are currently 12 homes under contract in Wolcott CT. The average list price for the homes under contract is $257,433 with average days on market of 83 days. 

 

Wolcott CT Real Estate Sales Report for February 2016

In February 2016, 8 homes closed in Wolcott CT. They ranged from a 826 sq ft, 3-bedroom ranch, which sold for $119,000 to a 2,210 Sq Ft, 3-bedroom colonial, which sold for $279,900.  Average sales price of the homes that sold was $180,550. Average DOM of 111 days. The closed properties had a sales price to List price ratio of 96%.

 

By comparison, there were 10 closings in Wolcott CT for the month of February 2015, with an average price of $160,840 and avg. days on market of 84. This would indicate that for February 2015 the number of homes sold was 2 less than for the comparable period in 2015 with a 10% increase in average value but with more days on market.

 

For the year 2015, the market sales or absorption rate was 15 sales per month, with an average sales value of $215,735 and average days on market of 76. Using the average sales value for 2015, the current absorption rate is 8 months of inventory which is still a buyer's market.

 

 Wolcott CT Real Estate Sales Report for February 2016

 

The graph demonstrates the average monthly sales value in Wolcott CT for 2015-2016 with strong fluctuations from month to month. The values in Wolcott CT are not stabilized as yet. 

 

If you are interested in buying or selling a home in the Wolcott 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 Wolcott 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 Wolcott CT.

 

 Homes for Sale in Wolcott CT

Wolcott CT Real Estate Sales Report for February 2016

 

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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 9 commentsEd Silva • March 18 2016 09:55AM

Comments

Ed Silva is a real estate agent who knows the market in Wolcott Ct.

Posted by Sybil Campbell, REALTOR® ABR, SFR, SRES Williamsburg, Virginia (Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia) over 1 year ago

If you are buying or selling in Wolcott, Ct then call Ed Silva.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 1 year ago

Ed

This well-done market report should convince anyone considering a purchase or sale in Wolcott CT to get on the phone right away with you before they do anything!

Enjoy the rest of your weekend!

Jeff

Posted by Jeff Dowler, The Southern California Relocation Dude - Carlsbad (Solutions Real Estate ) over 1 year ago

Ed Wolcott had some what of a mixed report, but it is encouraging to see the prices going up.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 1 year ago

Hi Ed, great reporting on Wolcott CT. No wonder you are so successful.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 1 year ago

Ed Silva Thank you for sharing this information.  It is most informative for prospective buyers, sellers, and the public at large!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (RE/MAX Paramount Properties) over 1 year ago

Home sellers and home buyers will be in very good hands when they use your professional real estate services.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 1 year ago

Ed, great market update for Wolcott, CT, and shows you know what is happening in and around Wolcott!  

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) over 1 year ago

Hello Ed ...

Some great information and stats around your communities.

Posted by Robert Vegas Bob Swetz, Las Vegas Henderson Homes for Sale (Realty ONE Group) over 1 year ago

Participate