WOLCOTT CT-REAL ESTATE MARKET REPORT for DECEMBER 2013
What does the real estate market look like in Wolcott CT? Well, average sale prices continue to mirror those of last year, while showing an improvement over last month's sale prices. The number of sales has held constant over the last two months, so hopefully that will translate into a better year coming ahead for Wolcott CT sellers.
There are 72 Wolcott CT homes for sale, with an average listing price of $305,690 and a median listing price $284,900.
There are 23 pending sales (under contract), with an average asking price of $161,135 and a median asking price of $155,000.
11 homes were sold in Wolcott CTin the month of December, with an average sale price of $237,236 and a median sale price of $260,000. By comparison, in December 2012, 4 homes were sold in Wolcott with an average sale price of $229,850 and a median sale price of $230,500.
The chart below shows the difference between the listing and sales prices for the homes sold in December, 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 area, 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 area and what price range the typical home in this area sells for.
Click Wolcott CT Real Estate - Market Updatesfor prior Wolcott CT real estate market reports.
Looking to relocate to Wolcott CT? VisitLooking For A Reason to Move-Destination: Wolcott CT.
Are you looking to buy a home in Wolcott CT? Click onWolcott CT homes for saleto search for homes in your price range.
For more details about the Wolcott CTmarket 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 Wolcott 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