Bunker Hill-Waterbury CT Real Estate Market Report for May 2015

June 25, 2015

Bunker Hill-Waterbury CT Real Estate Market Report for May 2015

 

What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Buyers are moving very quickly in the Bunker Hill-Waterbury CT neighborhood. Days on market are under 3 months for homes under deposit, and average sale prices are moving up. This is the opportune time for sellers looking to place their homes on the market in this neighborhood.

 

There are 54 Bunker Hill-Waterbury CT homes for sale, median active home for sale in Bunker Hill-Waterbury CTwith an average listing price of $134,003 and a median listing price of $131,400.

 

 

 

 

 

median home under deposit in Bunker Hill-Waterbury CT

There are 38 pending sales (under contract), with an average asking price of $117,560, a median asking price of $125,000, and an average of 73 days on market before accepting an offer.

 

 

 

 

 

median home sold in Bunker Hill-Waterbury CT

10 homes were sold in Bunker Hill-Waterbury CT in May 2015, with an average sale price of $130,430, a median sale price of $117,400, and averaging 98 days on market. By comparison, in May 2014, 13 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $91,031, a median sale price of $75,000, and averaging 87 days on market.

 

 

 

 

So, what does all this mean? It simply means that while there are more than enough properties to choose from in the Bunker Hill-Waterbury CT neighborhood, buyers are seeing the value in the homes that are currently on the market and acting relatively fast on them. Homeowners wishing to sell their homes should do so now, keeping in mind that in order to get your home sold quickly, you must price it correctly and present your home in the best possible light, as you will have lots of competition.

 

If you want more information on Bunker Hill-Waterbury CT, you can visit these blog posts:

Bunker Hill-Waterbury CT Real Estate – Market Updates

Bunker Hill-Waterbury CT Neighborhood Profile

Enjoy A Day at Schofield Park Bunker Hill – Waterbury CT

 

Are you looking for a home in Bunker Hill-Waterbury CT? Click on Bunker Hill-Waterbury CT homes for sale to search for homes in your price range.

 

For further information about the Bunker Hill-Waterbury CT market and to determine if this is the right time to sell, 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 discussing with you Bunker Hill-Waterbury 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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Bunker Hill-Waterbury CT Real Estate Market Report for January 2014

February 26, 2014

Bunker Hill-Waterbury CT Real Estate Market Report for January 2014

 

What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Well, it appears that the Bunker Hill neighborhood of Waterbury, CT starts off the new year right where it left the last one,  with average sale prices lower than what they were last year, and at relatively the same average as last month. The volume of both pending sales and homes sold continue to remain the highest in the city, so that gives hope to sellers going forward as the year progresses.

 

There are 68 Bunker Hill-Waterbury CT homes for sale, median active home for sale in Bunker Hill-Waterbury CTwith an average listing price of $136,677 and a median listing price of $135,000.

 

 

 

 

median home under deposit in Bunker Hill-Waterbury CT

There are 18 pending sales (under contract), with an average asking price of $108,656 and a median asking price of $116,700.

 

 

 

 

 

 

median home sold in Bunker Hill-Waterbury CT

6 homes were sold in Bunker Hill-Waterbury CTin January 2014, with an average sale price of $109,850 and a median sale price of $115,000. By comparison, in January 2013, 7 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $121,164 and a median sale price of $134,900.

 

 

 

 

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.

what does the real estate market look like in Bunker Hill-Waterbury CT?

 

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 Bunker Hill-Waterbury CT, you can visit these blog posts:

Bunker Hill-Waterbury CT Real Estate – Market Updates

Bunker Hill-Waterbury CT Neighborhood Profile

Enjoy A Day at Schofield Park Bunker Hill – Waterbury CT

 

Are you looking for a home in Bunker Hill-Waterbury CT? Click on Bunker Hill-Waterbury CT homes for sale to search for homes in your price range.

 

For further information about the Bunker Hill-Waterbury CT market and to determine if this is the right time to sell, 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 discussing with you Bunker Hill-Waterbury 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.


Bunker Hill Waterbury,CT Real Estate – Market Update July 2009

July 15, 2009

Here’s a look at the recent data for the real estate market in the Bunker Hill neighborhood of Waterbury, CT:

Active Listings 4 4
New Listings 7
Average List Price $179,159
Median List Price $179,900
Average Sq. Ft. 1614
Median Sq. Ft. 1579

There are 44 active listings, and 7 new listings in the last 30 days. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here’s a breakdown of the prices in the neighborhood:

List Price Houses %
250,000 2 5

And here are the new homes available for sale in the Bunker Hill section of Waterbury, CT:

Address L/Price ADOM
58 ALYCE TER 314,900 7
111 DEERFIELD AVE 125,000 5
30 DELAWARE 210,000 6
82 PLAINFIELD DR 235,000 5
40 REVERE ST 214,900 3
20 SABAL DR 269,900 2
245 WESTMONT DR 189,900 7

Now, for a look at what has sold in the area:

Closed Listings – 7 Average Median
Days on Market 41 29
List Price $171,442 $ 176,900
Sale Price $167,678 $170,000
Sq. Ft. 1843 1608
LP/Sq. Ft. $98.83 $91.61
SP/Sq. Ft. $96.20 $86.04
SP/LP Ratio 97% 97%

Things have definitely improved for the Bunker Hill neighborhood in terms of days on market and sales price/list price ratios for homes sold, compared to previous months. A month and a half, on average, and the buyers are accepting, with a little modification, what can be considered to be reasonable asking prices. Or to look at it from another perspective: sellers have finally gotten it together and are pricing their homes to sell the first time they list it.

These were the seven homes that won the homes sold contest:

Address L/Price S/Price DOM
51 AURORA STREET 178,000 170,000 29
405 BUNKER HILL AVE 176,900 177,000 8
16 DELAWARE AVE 81,000 79,250 27
275 STODDARD RD 199,900 195,000 33
14 TREMONT 129,900 122,000 127
74 WOODSIDE AVE 159,900 156,000 9
105 WOODSIDE AVE 274,500 274,500 54

Prior Bunker Hill Market Reports:

Bunker Hill Waterbury CT Real Estate – Market Update June 2009

Bunker Hill Waterbury CT Real Estate – Market Update May 2009

Bunker Hill Waterbury CT Real Estate – Market Update April 2009

Bunker Hill Quarterly Market Report January 31, 2009

Bunker Hill Quarterly Market Report May 2, 2009

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 )