Meriden\Woodtick-Waterbury CT Real Estate Market Report for December 2013
What does the real estate market look like in the Meriden\Woodtick area of Waterbury CT's East End? Well, the market closes out the year with pending volume and prices up from last month, which bodes well for sellers going into 2014. Low average sale prices compared to both last month and last year continue to provide incentives for buyers looking for a good home at affordable prices in this area of Waterbury's East End.
There are 18 Meriden\Woodtick-Waterbury CT East End homes for sale, with an average listing price of $122,444 and a median listing price of $117,450.
There are 8 pending sales (under contract), at an average asking price of $103,009 and a median asking price of $104,950.
Six homes were sold in Meriden\Woodtick-Waterbury CT East End in the month of December, at an average sale price of $74,083 and a median sale price of $58,500. By comparison, in December 2012, 6 homes were sold in the Meriden\Woodtick section of Waterbury's East End, with an average sale price of $93,933 and a median sale price of $105,000.
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.
If you want more information on Meriden\Woodtick-Waterbury CT, you can visit these blog posts:
Are you looking for a home in the Meriden\Woodtick section of Waterbury’s East End? Click on East End-Waterbury CT homes for sale to search for Meriden\Woodtick and other Waterbury CT East End homes in your price range.
For more details about the Meriden\Woodtick-Waterbury CT East End market and to determine if this is the right time to sell, call (203) 558-7463 in order 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 Meriden\Woodtick-Waterbury CT East End 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