East Mountain-Waterbury CT Real Estate Market Report for May 2015
What does the real estate market in East Mountain-Waterbury, CT look like? As sellers in East Mountain-Waterbury, CT enter the summer, it looks good for you, with pending prices above where average sale prices were last year, and offers being received in about a month after going on the market. Patience is necessary also, as the normal number of homes continue to sit on the market.
There are 20 East Mountain–Waterbury CT homes for sale, with an average listing price of $162,550 and a median listing price of $164,900.
There are 5 Pending sales (under contract), with an average asking price of $157,540, a median asking price of $149,900, and an average of 31 days on market prior to accepting an offer.
No homes were sold in East Mountain-Waterbury CT in the month of May. By comparison, in May 2014, 5 homes were sold in East Mountain-Waterbury CT, with an average sale price of $139,480, a median sale price of $150,000, and an average of 38 days on market before accepting an offer.
So, what does this all mean? It means a bit of patience for sellers in the East Mountain-Waterbury CT neighborhood who are determined to get their homes sold. It is common in this neighborhood to go months without having a single home sold, then in one month to see 5 homes sold. As long as you price your home based on market values and present your home in the best possible light, buyers will see the value in your home and make offers quickly.
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? Click on 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