Town Plot-Waterbury CT Real Estate Market Report for May 2015
What does the real estate market look like in the Town Plot neighborhood of Waterbury CT? The market is quite active in Town Plot-Waterbury CT, with average pending prices up from where it normally is at this time of year, and plenty of homes to choose from. Average sale prices are also up from last year. This is good news for sellers thinking about putting their homes on the market as we move forward into the summer months.
There are 47 Town Plot-Waterbury CT homes for sale, with an average listing price of $124,485 and a median listing price of $129,900.
There are 15 pending sales (under contract), with an average asking price of $113,453, a median asking price of $112,500, and averaging 105 days on market before accepting an offer.
4 homes were sold in Town Plot-Waterbury CT in the month of May, at an average sales price of $135,300, a median sales price of $148,000, and an average of 78 days on market before an offer was accepted. By comparison, May 2014 saw 3 homes sold, at an average sale price of $88,333, a median sale price of $101,000, and an average of 73 days on market before accepting an offer.
So, what does this all mean? It means patience for sellers who want to sell their homes quickly, but also want as much for their homes as possible. The fact that prices are up for homes that are under deposit, but have longer days on market, means that buyers are willing to wait for a home in which they see the value that is being asked for it. Sellers, do what it takes to woo buyers by not only following the advice of your realtor in terms of price, but also in preparing your home to be as attractive as it can be.
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Are you looking for a home in Town Plot-Waterbury CT? Click on Town Plot-Waterbury CT homes for sale to search for homes in your price range.
To get further information about the Town Plot-Waterbury CT real estate market and determine if now is the right time to sell your home, 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 helping or discussing with you Town Plot-Waterbury CT homes for sale.