Waterbury CT Real Estate – Market Update July 2009

We know that the spring selling season is upon us, and the Brass City has been no exception . Let’s see what happened in the Waterbury, CT real estate market in terms of the active listings:

Active Listings – 510

New Listings -28

Average List Price – $167,102

Median List Price – $159,900

Average Sq. Ft. – 1577

Median Sq. Ft. – 1457

And here’s the breakdown of the prices in Waterbury for the last month:

List Price                          Houses                      %

< 100,000                      86                                17

100,001-150,000      137                              27

150,001-200,000      171                              33

200,001-250,000      77                               15

250,001-300,000      21                                4

It seems that we have a case of ever increasing inventory with sales following not too far behind. There are more houses to choose from than before this time last month, but a few more closings as well – just as it was at the beginning of May as well.

Here’s a look at what’s recently sold in Waterbury :

Closed Listings –46                        Average                              Median

Days on Market                                     61                                           32

List Price                                           $126,304                         $129,900

Sale Price                                          $121,746                          $125,000

Sq. Ft.                                                    1388                                      1398

LP/Sq. Ft.                                         $92.59                                 $90.12

SP/Sq. Ft.                                         $89.04                                 $84.69

SP/LP Ratio                                         96%                                        97%

The following neighborhoods have had activity: Bucks Hill, Bunker Hill, East Mountain and Meriden-Woodtick in the last month.

For a month to month comparison of Waterbury’s real estate market statistics, you can visit

Waterbury Market Report June 2009,

Waterbury Market Report May 2009,

Waterbury Market Report April 2009, and

Waterbury Quarterly Market Report March 2009

For more detailed info about the Waterbury area, visit Waterbury, CT or the Republican-American
sites.

Subscribe buttonTo My Blog

Looking for information about homes in the Greater Waterbury area?
Buyers, need to find financing and advice on the home-buying process?
Sellers, looking for tips on how to make sure your home sells?

Stop by
http://www.williamsplaces.com!

Courtesy of William James Walton, Sr., Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties(Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: