East Mountain-Waterbury CT Real Estate Market Report for May 2015

June 16, 2015

East Mountain-Waterbury CT Real Estate Market Report for May 2015

 

East Mountain

 

What does the real estate market in East Mountain-Waterbury, CT look like?  As sellers in East Mountain-Waterbury, CT enter the summer, it looks good for you, with pending prices above where average sale prices were last year, and offers being received in about a month after going on the market. Patience is necessary also, as the normal number of homes continue to sit on the market.

median active home for sale in East Mountain-Waterbury CTThere are 20East Mountain–Waterbury CT homes for sale, with an average listing price of $162,550 and a median listing price of $164,900.

 

 

 

 

 

 

median home under deposit in East Mountain-Waterbury CTThere are 5 Pending sales (under contract), with an average asking price of $157,540,  a median asking price of $149,900, and an average of 31 days on market prior to accepting an offer.

 

 

 

 

 

 

No homes were sold in East Mountain-Waterbury CT in the month of May. By comparison, in May 2014, 5 homes were sold in East Mountain-Waterbury CT, with an average sale price of $139,480, a median sale price of $150,000, and an average of 38 days on market before accepting an offer.

 

So, what does this all mean? It means a bit of patience for sellers in the East Mountain-Waterbury CT neighborhood who are determined to get their homes sold. It is common in this neighborhood to go months without having a single home sold, then in one month to see 5 homes sold. As long as you price your home based on market values and present your home in the best possible light, buyers will see the value in your home and make offers quickly.

 

The East Mountain neighborhood is one of the few in Waterbury CT so far that has its own website, so to get a look at what’s happening in the East Mountain neighborhood of Waterbury CT, stop by http://www.eastmountainct.com/.

 

If you are looking for more information about East Mountain-Waterbury CT, you can visit the following blog posts:

East Mountain-Waterbury CT Real Estate – Market Updates

East Mountain-Waterbury CT Neighborhood Profile

East Mountain Park – Waterbury CT

 

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

 

For further information about the East Mountain-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 East Mountain-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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East Mountain-Waterbury CT Real Estate Market Report for January 2014

February 26, 2014

East Mountain-Waterbury CT Real Estate Market Report for January 2014

 

East Mountain

 

What does the real estate market in East Mountain-Waterbury, CT look like?  Well, the real estate market in this neighborhood starts 2014 on a positive note, with about a third of the current inventory under deposit, average pending prices holding steady from last month and average sale prices well above where they were last year. This should provide hope for future East Mountain sellers looking ahead to the spring selling season.

median active home for sale in East Mountain-Waterbury CTThere are 12 East Mountain–Waterbury CT homes for sale, with an average listing price of $151,092 and a median listing price of $149,950.

 

 

 

 

 

 

median home under deposit in East Mountain-Waterbury CTThere are 5 Pending sales (under contract), with an average asking price of $144,760 and a median asking price of $119,900.

 

 

 

 

 

median home sold in East Mountain-Waterbury CTTwo homes were sold in East Mountain-Waterbury CTin the month of January, with an average  and median sale price of $152,725. By comparison, in January 2013, 2 homes were sold in East Mountain-Waterbury CT, with an average  and median sale price of $121,500.

 

 

 

 

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 line in East Mountain-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.

 

The East Mountain neighborhood is one of the few in Waterbury CT so far that has its own website, so to get a look at what’s happening in the East Mountainneighborhood of Waterbury CT, stop by http://www.eastmountainct.com/.

 

If you are looking for more information about East Mountain-Waterbury CT, you can visit the following blog posts:

East Mountain-Waterbury CT Real Estate – Market Updates

East Mountain-Waterbury CT Neighborhood Profile

East Mountain Park – Waterbury CT

 

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

 

For further information about the East Mountain-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 East Mountain-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.


East Mountain Waterbury, CT Real Estate – Market Update July 2009

July 18, 2009

East Mountain Waterbury, CT Real Estate – Market Update July 2009

Here’s a look at what’s been happening in Waterbury’s East Mountain real estate market:
Active Listings 29
New Listings 4
Average List Price $188,881
Median List Price $189,000
Average Sq. Ft. 1533
Median Sq. Ft. 1350
There are 29 active listings, and 4 new listings in the last 30 days. The average size of the homes for sale 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 East Mountain Waterbury CT neighborhood:
List Price Houses %
250,000 1 3

And these are the newly listed homes for sale on the market in the East Mountain neighborhood:
Address L/Price ADOM
173 EASTSIDE BLVD 179,900 1
111 HARWOOD RD 163,000 3
44 PURDY RD 143,550 6
58 WESTBROOK DR 199,900 4

Now, for a look at what has sold in the area:
Closed Listings – 3 Average Median
Days on Market 58 26
List Price $193,233 $199,900
Sale Price $185,833 $205,000
Sq. Ft. 1641 1762
LP/Sq. Ft. $120.75 $124.80
SP/Sq. Ft. $115.22 $116.35
SP/LP Ratio 96% 93%
The East Mountain neighborhood is still experiencing low numbers in terms of the number of sales compared to other areas of Waterbury, but has definitely improved its number of days on the market relative to the prices of homes being sold in the East Mountain area.
These three homes were the winners in the homes sold contest:
Address L/Price S/Price DOM
51 HARTLEY DR 219,900 205,000 26
1031 PEARL LAKE RD 199,900 205,000 22
80 ROCKLEDGE DR 159,900 147,500 128

Prior East Mountain Market Reports:
East Mountain Waterbury CT Real Estate – Market Update June 2009
East Mountain Waterbury CT Real Estate – Market Update May 2009
East Mountain Waterbury CT Real Estate – Market Report April 2009
East Mountain Quarterly Market Report January 31, 2009
East Mountain Quarterly Market Report May 2, 2009

The East Mountain neighborhood is the only one in Waterbury so far that has its own website, so to get a look at what’s happening in the neighborhood, stop by http://www.eastmountainct.com/.

To 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)