East Mountain-Waterbury CT Real Estate Market Report for December 2013
What does the real estate market in East Mountain-Waterbury, CT look like? Well, the real estate market in this neighborhood closed 2013 on a positive note, with about a quarter of the current inventory under deposit and average pending prices providing hope for future East Mountain sellers. With inventory at an all time low, buyers should be quick to purchase in this neighborhood.
There are 11 East Mountain--Waterbury CT homes for sale, with an average listing price of $147,573 and a median listing price of $139,900.
There are 4 pending sales (under contract), with an average asking price of $162,425 and a median asking price of $159,900
Five homes were sold in East Mountain-Waterbury CTin the month of December, with an average sale price of $123,010 and a median sale price of $112,000. By comparison, in December 2012, 4 homes were sold in East Mountain-Waterbury CT, with an average sale price of $138,125 and a median sale price of $130,000.
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 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.
The East Mountain neighborhood is one of the few in Waterbury CT so far that has its own website, so to get a look at what's happening in the East Mountain neighborhood of Waterbury CT, stop by http://www.eastmountainct.com/.
If you are looking for more information about East Mountain-Waterbury CT, you can visit the following blog posts:
Are you looking for a home in East Mountain-Waterbury CT? Go to East Mountain-Waterbury CT homes for sale to search for homes in your price range.
For further information about the East Mountain-Waterbury 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 East Mountain-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