WATERTOWN CT-REAL ESTATE MARKET REPORT- DECEMBER 2011
Watertown CT-Real Estate Market Report December 2011 The real estate market in Watertown CT continues to hold steady with more homes being sold in November 2011 compared to November 2010, and inventory very close to shifting back into a seller’s market. However, average sale prices are still declining compared to last month and last year, so if you are thinking about putting your home on the market, you should keep that in mind as you price your home.
|
|
11/2011 |
10/2011 |
11/2010 |
|
Active Listings |
117 |
111 |
120 |
|
New Listings |
12 |
18 |
19 |
|
Av. Listing Price |
$291,942 |
$299,278 |
$316,571 |
|
Av. Sq. Ft. |
1955 |
2016 |
2058 |
|
Av. DOM |
170 |
177 |
120 |
|
Homes Sold |
10 |
16 |
8 |
|
Av. LP – Homes Sold |
$219,790 |
$261,665 |
$241,900 |
|
Av. SP – Homes Sold |
$207,642 |
$246,236 |
$229,206 |
|
Av. DOM – Homes Sold |
120 |
96 |
105 |
|
SP/LP Ratio |
94% |
93% |
95% |
|
Absorption Rate |
15.33 |
16 |
10.17 |
|
Months of Inventory |
7.6 |
7 |
12 |
The single familyWatertown CT homes for salerange from an1132 sq. ft. 1 bedroom cottage being offered for $60,000 to an8908 sq. ft. 7 bedroom colonial being offered for $1.8 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 |
|
55 |
|
|
62 |
You can search for Watertown CT homes for sale by visiting William’s Places!
The Watertown CThomes that sold in November range from a952 sq. ft., 2 bedroom ranch that sold for $68,000 to a 2550 sq. ft., 4 bedroom colonial that sold for $475,126.
These are theten homes that sold in the Watertown CT area in the month of November:
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
For further information about theWatertown CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale.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
Thanks for the update. I'm always interested in market stats in other places. I enjoy blogging about my local market. Keeps me up to date on my own area.
Excellent market update William. It provides all the important details and useful tables & charts that is very helpful to your consumers' homebuying or selling. Great job!