Meriden\Woodtick-Waterbury CT Real Estate Market Report for January 2014
What does the real estate market look like in the Meriden\Woodtick area of Waterbury CT’s East End? Well, the market opens up the year better than last year, with average sale prices and volume above both last month and last year’s. Pending volume and prices provide a good incentive for sellers looking place their homes on the market 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 $125,939 and a median listing price of $127,250.
There are 5 pending sales (under contract), at an average asking price of $95,354 and a median asking price of $79,971.
Two homes were sold in Meriden\Woodtick-Waterbury CT East Endin the month of January, at an average and median sale price of $113,700. By comparison, in January 2013,no homes were sold in the Meriden\Woodtick section of Waterbury’s East End.
The chart below shows the difference between the listing and sales prices for the homes sold in January, 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.