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Town Plot-Waterbury CT Real Estate Market Report for January 2012

Town Plot-Waterbury CT Real Estate Market Report for January 2012 Home sales in Town Plot Waterbury CT is holding steady, with average home sale prices comparable to both last month but much lower than last year. Inventory has remained the same, with fewer months of inventory remaining. This is good news for sellers who want to place their homes on the market, but as always, your homes must be priced at market values reflective of their condition if you want to realize a quick sale.

There are 40 Town Plot-Waterbury CT homes for sale, with an average listing price of $129,093, and 203 days on market, ranging from a 1300 sq. ft. 3 bedroom other style home being offered for $49,000 to an 1145 sq. ft. 3 bedroom ranch being offered for $219,900.

Here's a breakdown of the Town Plot-Waterbury CT homes for sale prices:

You can search for Town Plot-Waterbury CT homes for sale by visiting William's Places!

8 homes were sold in Town Plot-Waterbury CT in the month of January. The average sale price was $108,500, had an average of 98 days on market and an average sales price/list price ratio of 88%, ranging from a 1792 sq. ft., 3 bedroom raised ranch that sold for $41,000 to a 1930 sq. ft., 3 bedroom colonial that sold for $176,000. In comparison, January 2011 saw 4 homes sold at an average of $151,225 and 132 days on market.

The Town Plot-Waterbury CT real estate market is still in a buyer's market with 7 months of inventory at an absorption rate of 5.83 homes being sold each month over the last 6 months with 40 homes currently on the market.

These are the eight homes that won the Town Plot-Waterbury CT real estate market homes sold contest for January:

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

Town Plot Waterbury CT Real Estate - Market Updates

Town Plot-Waterbury CT Neighborhood Profile

Chase Park - Waterbury CT

Town Plot Park - Waterbury CT

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.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

Town Plot-Waterbury CT Real Estate Market Report December 2011

Town Plot-Waterbury CT Real Estate Market Report December 2011 Homes are definitely being sold in this part of Waterbury CT, and average sales prices are up – but so are the number of homes on the market and the amount of inventory remaining at the rate of homes being sold. The key to getting homes sold is always to price it correctly for its condition, and entice buyers to make offers by maximizing its curb appeal.

The single family Town Plot-Waterbury CT homes for sale range from a 1792 sq. ft. 3 bedroom raised ranch being offered for $54,000 to an 1145 sq. ft. 3 bedroom ranch being offered for $219,900. Here's a breakdown of the Town Plot-Waterbury CT homes for saleprices:

You can search for Town Plot-Waterbury CT homes for sale by visiting William’s Places!

The homes that were sold in Town Plot-Waterbury CT in the month of November ranged from a 1089 sq. ft., 2 bedroom ranch that sold for $100,000 to a 1296 sq. ft., 3 bedroom cape that sold for $150,000.

These are the three homes that won the Town Plot-Waterbury CT real estate market homes sold contest for November:   

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

Town Plot Waterbury CT Real Estate - Market Updates

Town Plot-Waterbury CT Neighborhood Profile

Chase Park - Waterbury CT

Town Plot Park – Waterbury CT

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 youTown Plot-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.

Town Plot-Waterbury CT Real Estate Market Report November 2011

Town Plot-Waterbury CT Real Estate Market Report November 2011 Homes are definitely being sold in this part of Waterbury CT, and average sales prices are up – but so are the number of homes on the market and the amount of inventory remaining at the rate of homes being sold. The key to getting homes sold is always to price it correctly for its condition, and entice buyers to make offers by maximizing its curb appeal.

The single family Town Plot-Waterbury CT homes for sale range from a 1300 sq. ft. 3 bedroom other style home being offered for $55,000 to a 2156 sq. ft. 3 bedroom colonial being offered for $219,900. Here's a breakdown of the Town Plot-Waterbury CT homes for sale prices:

You can search for Town Plot-Waterbury CT homes for sale by visiting William’s Places!

The homes that were sold in Town Plot-Waterbury CT in the month of October ranged from a 1232 sq. ft., 3 bedroom ranch that sold for $115,000 to a 1595 sq. ft., 3 bedroom cape that sold for $139,900.

These are the five homes that won the Town Plot-Waterbury CT real estate market homes sold contest for October:

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

Town Plot Waterbury CT Real Estate - Market Updates

Town Plot-Waterbury CT Neighborhood Profile

Chase Park - Waterbury CT

Town Plot Park – Waterbury CT

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.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.

A FSBO Short Sale, I Thought I Had Seen it All!

Homeowners have a resentment towards using an agent to sell their home because they believe that we do not do enough work to justify the commissions we earn. When things get tough, however or their attempts to sell themselves get difficult, then we are sought out.

The phone call started out normal:

Can I get a BPO on my home?
You mean a Comparative Market Analysis don't you?
No, the bank told me to get a BPO from a local agent. I then asked him to please explain.

The voice on the phone explained that they were trying to get the bank to accept a short sale offer on his home, and when the bank had gotten the appraisal back, it was $25,000 higher than the offered value and the bank would not accept the offer. The seller was then told that he should fix the noted lead issues on the home and then try to get another offer as the home would then be worth much more.

This was all very strange and made little sense, not just the part about the bank working directly with a homeowner, but no lawyer, none of the typical documentation that we normally use to get a short sale transaction completed, but also that the bank would have a direct dealing and be so close on dollars with no additional costs involved such as commissions, legal fees, etc, and still expect the home owner who is underwater and delinquent on their loan to do repairs.

Before I met with him, I did some research on the home and reviewed the comparables, and the homeowner was more in line with the value than the appraiser. I did not do a BPO, and also explained to him that even if I were to do one, I would have to submit it with the disclaimer that it was not intended to be used in place of an appraisal by a licensed professional.

I will be interested in watching how this home owner progresses with his process and hopefully he will be able to avoid foreclosure. They are certainly giving it their complete effort as short sales are seldom easy and more often than not require an experienced short sale real estate agent and lawyer to get through the banks systems.

A FSBO Short Sale, I Thought I Had Seen it All!

Our Lady of Mt Carmel Feast, Waterbury CT - - - The 73rd Year

Starting this evening at 5:00 PM anmd running through Sunday, Highland Ave in Waterbury CT will be bustling with people attending the 73rd Feast of Our Lady of Mt. Carmel Church.

Weeks of preparation and cooking culminate with 4 days of singing, dancing eating and all out revelry, all with the underlying tone of honoring the patron of the church. Pride further shows itself with the evening candle light procession around the block, and if there was ever a worry for getting lost, or not knowing who the organizers are, the lines down the center of the road that form the route tells it all: red, white and green!

The people start to wander in from the neighboring homes in late afternoon looking for the fresh cooked Italian delicacies Fresh made fried dough with fresh sauce and sprinkled with Parmesan cheese have people lining up around the corner.

Like an assembly line, the volunteers spread and prepare the delicacy for the people anxiously waiting.

In addition to the Fried Dough, one can taste home made Pasta Fagioli, (Italian bean soup), fried eggplant, or get in line for the grilled items such as:

Soffritto, Sausage & Peppers, Meatballs, steak sandwiches,hamburgers, sausage patties, hot dogs, chicken nuggets, and that old world favorite, Italian Fries (Some people think the french invented them)

Ready for desert? Try some Italian pastries and cookies, torrone, gelato.

Need a bit of exercise? then under the tent there's live music with a definite Italian flavor.

There will be a special Mass of celebration on Sunday at Noon, offered in both English and Italian, followed by the procession and of course back to the food.

The Mt Carmel Feast, in Waterbury Ct from Thursday, July 14 to Sunday July 17.

Festival hours:
Thursday: 5 to 10 PM
Friday: 5 to 11 PM
Saturday: 5 to 11 PM
Sunday Following the after mass procession to 9 PM

Come and enjoy the fun on Highland Ave in Waterbury Ct.

Our Lady of Mt Carmel Feast, Waterbury CT - - - The 73rd Year