Bucks Hill-Waterbury CT Real Estate Market Report for November 2013
What does the real estate market look like in the Bucks Hill neighborhood of Waterbury, CT? Well, it appears that buyers are still holding out for better bargains in the Bucks Hill neighborhood of Waterbury, CT - average listing prices are up, the volume of pending sales are up but average pending prices remain the same from last month, and only two sales took place in October, at about the same amount as last year's average sale prices.
There are currently 18 Bucks Hill-Waterbury CT houses for sale, with an average listing price of $154,625 and a median listing price of $142,450.
There are currently 8 Pending sales (under contract) in the neighborhood, with an average asking price of $123,000 and a median asking price of $112,350.
Five homes were sold in Bucks Hill-Waterbury CT in the month of November, with an average sales price of $106,662 and a median sales price of $135,000. By comparison, in November 2012, 3 homes were sold in Bucks Hill-Waterbury CT, at an average sales price of $77,667 and median sale price of $72,000.
The chart below shows the difference between the listing and sales prices for the homes sold in November, as well as the number of days that those properties were on the market before an offer was made and accepted.
So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your neighborhood, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer's interest due to its curb appeal and other factors. If you are a buyer, this tells you how many homes there are on the market in this neighborhood and what price range the typical home in this neighborhood sells for.
If you want more information on Bucks Hill-Waterbury CT, you can visit these blog posts:
Are you looking for a home in the Bucks Hill neighborhood of Waterbury CT? Click on Bucks Hill-Waterbury CT homes for sale to search for homes in your price range.
To get more details about the Bucks Hill-Waterbury CT market and 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 Bucks Hill-Waterbury CT homes for sale.
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