William's Places: Wolcott CT-Real Estate Market Report for July 2015

Wolcott CT-Real Estate Market Report for July 2015

WOLCOTT CT-REAL ESTATE MARKET REPORT for JULY 2015

Wolcott CT

What does the real estate market look like in Wolcott CT? Real estate prices in Wolcott CT remain below where they were at this time last year, but that hasn't discouraged homeowners from putting their homes on the market. This is partly due to the rise in pending prices and days on market for both pending sales and homes sold being under 3 months, so sellers are anticipating quick sales of their homes.

 home values in Wolcott CT

There are 122 Wolcott CT homes for sale,median active home for sale in Wolcott CT with an average listing price of $288,337 and a median listing price of $269,900.

 

 

 

 

 

 

 

median home under deposit in Wolcott CTThere are 60 pending sales (under contract), with an average asking price of $245,213, a median asking price of $244,950, and averaging 73 days on market before receiving an offer.

 

 

 

 

 

15 homes were sold in Wolcott CT in the month of median home sold in Wolcott CTJuly, with an average sale price of $211,420, a median sale price of $220,000, and an average of 67 days on market before accepting an offer. By comparison, in July 2014,8 homes were sold in Wolcott CT, with an average sale price of $246,863, a median sale price of $239,250, and an average of 91 days on market before accepting an offer. This year's figures represent a 14% decrease in average sale prices, and a 26% decrease in average days on market, from last year. 

 

 

So, what does all of this mean? Relatively rapid home sales (under 3 months for both homes sold and homes under contract) is signalling to homeowners that, despite declining prices, that this is the most opportune time to put their homes o the market. In order to get the most for your home if you do decide to sell, make sure that you speak with a realtor who knows the Wolcott CT real estate market, will properly price your home based on current market conditions, and will provide you with the tips to make your home stand out and entice buyers to make offers right away.

 

Click Wolcott CT Real Estate - Market Updates for prior Wolcott CT real estate market reports.

 

Looking to relocate to Wolcott CT? Visit Looking For A Reason to Move-Destination: Wolcott CT.

 

Are you looking to buy a home in Wolcott CT? Click on Wolcott CT homes for sale to search for homes in your price range.

 

For more details about the Wolcott CT market and to determine if this is the right time to sell, call me at (203) 558-7463(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.

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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

Buyers - Search for Greater Waterbury, CT Area Homes For Sale

Sellers - Request a Free Home Evaluation, Look at Recent Home Sales

Comment balloon 1 commentWilliam James Walton Sr. • August 19 2015 03:24PM

Comments

William - These are very valuable Wolcott, Connecticut real estate stats for July 2015.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) over 2 years ago

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