Meriden\Woodtick-Waterbury CT Real Estate Market Report for May 2015
What does the real estate market look like in the Meriden\Woodtick area of Waterbury CT’s East End? Amazingly, homes are selling at a record pace in this area of Waterbury CT’s East End. 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 17 Meriden\Woodtick-Waterbury CT East End homes for sale, with an average listing price of $121,488 and a median listing price of $119,900.
There are 16 pending sales (under contract), at an average asking price of $96,847, a median asking price of $86,450, and an average of 111 days on market before accepting an offer.
4 homes were sold in Meriden\Woodtick-Waterbury CT East End in the month of May, at an average sale price of $75,125, a median sale price of $75,000, and averaging 67 days on market before accepting an offer. By comparison, in May 2014, 5 homes were sold in the Meriden\Woodtick section of Waterbury’s East End, with an average sale price of $98,155, a median sale price of $82,876, and averaging 39 days on market before accepting an offer.
So, what does all this mean? Curiously, that despite lower sale prices and more days on market compared to last year, that this may be the most opportune time for sellers in the Meriden\Woodtick area of Waterbury CT’s East End to put their homes on the market. Buyers are willing to pay more money for homes that they see the value in, so if you want to get offers quickly, follow the advice of a competent realtor who will help you show your home in the best possible light, as well as price it based on current market conditions.
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.