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Wolcott CT-Real Estate Market Report - January 2012

WOLCOTT CT-REAL ESTATE MARKET REPORT- JANUARY 2012

Wolcott CT-Real Estate Market Report - January 2012 Average sales prices declined compared to last month, but are still stronger than last year. Inventory has held fairly steady over the last two months. Sellers, you can take advantage of this by properly pricing your homes at market values reflective of its condition.

12/2011

11/2011

12/2010

Active Listings

97

97

93

New Listings

7

7

10

Av. Listing Price

$285,253

$285,253

$324,623

Av. Sq. Ft.

1997

1997

2196

Av. DOM

160

160

187

Homes Sold

7

13

5

Av. LP – Homes Sold

$222,428

$301,608

$165,900

Av. SP – Homes Sold

$214,260

$271,569

$155,380

Av. DOM – Homes Sold

173

58

75

SP/LP Ratio

96%

90%

93%

Absorption Rate

10.33

11

8.83

Months of Inventory

9

9

10.5

TheWolcott CT homes for salerange from a 1400 sq. ft. 4 bedroom cape being offered for $69,900 to a 2100 sq. ft. 4 bedroom cape being offered for $850,000.

Here is a breakdown of the home prices in Wolcott CT:

home prices in Wolcott CTA great majority of Wolcott CT homes are affordable, with almost 30% being under $200,000.

You can search for Wolcott CT homes for sale by visiting William's Places!

The Wolcott CT homes that sold in December range from a 936 sq. ft., 3 bedroom ranch that sold for $128,621 to a 3118 sq. ft., 4 bedroom colonial that sold for $375,000.

These are the seven homes that sold in the Wolcott CT area in the month of December:

statistics for Wolcott CT home sales

Click Wolcott CT Real Estate - Market Updatesfor prior Wolcott CT real estate market reports.

Looking to relocate to Wolcott CT? VisitLooking For A Reason to Move-Destination: Wolcott CT

For more details about the Wolcott 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 Wolcott 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.

Posted Friday Feb 10