WATERTOWN CT-REAL ESTATE MARKET REPORT - MARCH 2011
Roughly comparable sales prices from this time last year tells sellers in Watertown CT to start being more realistic about pricing your home for sale. Buyers, you will need to act quickly to take advantage of affordable home prices as days on market remain below three months.
|
|
2/2011 |
1/2011 |
2/2010 |
|
Active Listings |
104 |
106 |
107 |
|
New Listings |
11 |
14 |
18 |
|
Av. Listing Price |
$309,193 |
$312,421 |
$345,705 |
|
Av. Sq. Ft. |
2011 |
2012 |
2142 |
|
Av. DOM |
143 |
137 |
N/A |
|
Homes Sold |
9 |
7 |
6 |
|
Av. LP – Homes Sold |
$147,178 |
$210,014 |
$157,917 |
|
Av. SP – Homes Sold |
$135,722 |
$198,429 |
$144,983 |
|
Av. DOM – Homes Sold |
81 |
82 |
138 |
|
SP/LP Ratio |
91% |
93% |
91% |
|
Absorption Rate |
8.67 |
8.17 |
12.83 |
|
Months of Inventory |
12 |
13 |
8 |
The single family Watertown CT homes for sale range from a 720 sq. ft. 2 bedroom ranch being offered for $85,000 to a 6758 sq. ft. 5 bedroom contemporary style home being offered for $1.6 million.
Here is a breakdown of the home prices in Watertown CT:
You can get a better sense of what the real estate market for Watertown CT looks like by viewing the information by zip code:
|
Zip code |
Homes for Sale |
|
35 |
|
|
69 |
You can search for Watertown CT homes for sale by visiting William’s Places!
The Watertown CT homes that sold in February range from an 1188 sq. ft., 3 bedroom other style home that sold for $55,000 to a 2081 sq. ft., 4 bedroom raised ranch that sold for $262,000.
These are the nine homes that sold in the Watertown CT area in the month of February:
Looking to relocate to Watertown, CT? Visit Looking For A Reason To Move-Destination: Watertown CT
For more information on Watertown CT, you can visit the following posts:
Watertown CT Real Estate - Market Updates
Winding Brook Farm - Watertown CT
Ready to buy or sell your home in Watertown CT? Give me a call at (203) 558-7463 or send me an e-mail to request a free market analysis of your Watertown CT home. I look forward to discussing with you Watertown CT homes for sale.
©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.
Courtesy of William James Walton, Sr. , Realtor, WEICHERT, REALTORS® - Briotti Group
Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown, Thomaston and Plymouth)
Call William James Walton, Sr. Real Estate Agent with WEICHERT, REALTORS® - Briotti Group (203) 558-7463 for help with your real estate needs -buying or selling - in Waterbury, Watertown, Wolcott, Middlebury, Southbury, Prospect, Naugatuck, Plymouth and Thomaston
Buyers - Search for Greater Waterbury, CT Area Homes For Sale
Sellers - Request a Free Home Evaluation, Look at Recent Home Sales
William, your sale price to listing price ratio looks solid. Over 90% is a good indicator for your market?