Watertown, CT

Watertown CT Real Estate Sales Report for July 2011

Currently in Watertown CT there are 164 active residential listings for sale, with 24 new listings being added in July. The homes for sale in Watertown CT range from a 1,138 square ft, 1 room cottage in the Lake Winnemaug area listed at $60,000 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,800,000.

The average list price of the homes currently available for sale in Watertown CT is $312,235. The average days on market for these homes is 137 days. In addition, there are currently 11 homes under contract in Watertown CT, with three having going under contract in July.

In July, 17 homes closed in Watertown CT. They ranged from a 888 square ft, 1-bedroom lake area cottage REO ranch, which sold for $24,000 to a 3,375 square ft, 3-bedroom, colonial which sold for $478,000. The average price for the homes that closed in July in Watertown CT was $230,706 with an average Days on Market of 45 days. The closed properties had a Sales price to List price ratio of 94%.

By comparison, there were 9 closings in Watertown CT for the month of July 2010, with an average price of $214,989 and avg. days on market of 97. This indicates that for July of 2011, at least, the value of homes sold was higher with more days on market and almost twice the number of units sold.

For the first six months of 2011, the market sales or absorption rate was 12 sales per month, with an average sales value of $224,625 and average days on market of 100. The current inventory of homes is equivalent to a 13+-month inventory.

There are currently 15 active condos for sale Watertown CT. They range in price from $365 ,900 for a 2,515 sq ft, 3 bedroom, town-house condo to $74,900 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 112.

There are currently no condos under contract in Watertown CT. In July, one condo sold in Watertown CT. It was a 1,581, 3-bedroom townhome style condo which sold for $238,000 after 33 days on market.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Watertown CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Watertown CT.

Watertown CT Real Estate Sales Report for July 2011

Watertown Oakville Circle of Sports Golf Outing . . . Pay it Forward

The Watertown Oakville Water-Oak Gold Circle of Sports is a group of local sports enthusiasts that attempt to honor outstanding sports accomplishments, by a resident of Watertown or Oakville CT, each year, male or female.

Since it's inception in 1977, this organization has donated over $260,000 in scholarships to local students that had excelled in sports in high school and have gone on to college.

One of their major fund raisers is their annual golf outing. Again this year it was held at Crestbrook Park Golf Course in Watertown CT.

My work obligations prevented me from playing in the outing, however, I did donate several dozen golf balls to be awarded as prizes for the winners.

The Gold Circle group donate of their time and money to make the athletic facilities in and around town more pleasant for those that use them. This also is a relief to the strained budgets for Parks and Recreation.

A simple donation of golf balls would have been appreciated for some one, and was a small gesture to support the Water-Oak Gold Circle of Sports.

Watertown Oakville Circle of Sports Golf Outing . . . Pay it Forward

It's Not Solitude, but Oh So Peaceful!

I enjoy the game of golf, and I play early in the day so that I don't lose work time. We played Sunday morning, and although we had no rain the night before, there was a heavy dew from the temperature change from yesterday, and an early morning haze that would eventually clear up for a wonderful day of rest.

As my crew started off, I just had to linger behind and take a shot. It was just a peaceful looking scene, and I was the only one on the green.

It's Not Solitude, but Oh So Peaceful

Watertown CT Real Estate Sales Report for June 2011

Currently in Watertown CT there are 168 active residential listings for sale, with 31 new listings being added in June. The homes for sale in Watertown CT range from a 544 square ft, 1 room REO cottage in the Lake Winnemaug area listed at $27,900 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,800,000.

The average list price of the homes currently available for sale in Watertown CT is $311,934. The average days on market for these homes is 140 days. In addition, there are currently 7 homes under contract in Watertown CT, with none going under contract in June.

In June, 22 homes closed in Watertown CT. They ranged from a 1,392 square ft, 3-bedroom corporate owned ranch, which sold for $125,000 to a 2,907 square ft, 3-bedroom, colonial which sold for $355,000. The average price for the homes that closed in June was $272,500 with an average Days on Market of 120 days.

By comparison, there were 21 closings in Watertown CT for the month of June 2010, with an average price of $216,214 and avg. days on market of 87. This indicates that for June, at least, value of homes sold was higher with more days on market and almost the same number of units sold.

For the first six months of 2011, the market sales or absorption rate was 12 sales per month, with an average sales value of $224,625 and average days on market of 100. The current inventory of homes is equivalent to a 14+-month inventory.

There are currently 16 active condos for sale Watertown CT. They range in price from $369,900 for a 2,515 sq ft, 3 bedroom, town-house condo to $74,900 for a 1 bedroom, 795 sq ft town ranch style unit. Average days on market for condos is 105.

There is currently no condos under contract in Watertown CT. In June, two condos sold in Watertown CT. They were a 1,642, 2 bedroom adult condo which sold for $250,000 and a 1,632 3 bedroom unit which $235,000.

For sellers it is essential to have a sales price on your home consistent with the most recent activity. We offer free market evaluations to assist you in your sale.

If you would like information on homes for sale in Watertown CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Watertown CT.

Watertown CT Real Estate Sales Report for June 2011

The Guidelines to a Successful Life Can be Taught at An Early Age - - - Pay it Forward

Most golfers understand and appreciate the value and importance of teaching youngsters the proper way to play the game and also the proper comportment that must be maintained on the golf course.

This is taught by the head professional, Ken Gemmell, at Crestbrook Park Golf Coursein Watertown CT.

The game may not require the great degree of athleticism as other sports, but it does require some degree of coordination and agility.

More importantly, the game, if played properly, requires focus and concentration, which is essential throughout our life if we are to be successful.

It also teaches integrity and a sense of ethical comportment, as a golfer is primarily responsible for following the rules of the game, and reporting a penalty to themselves if they violate the rules.

How often in our careers are we faced with decisions to make that require integrity and ethical behavior?

The computer monitor at the golf course was on it's last legs. All scores are posted to maintain a handicap, and it was difficult to see the screen.

Having recently shut down our office, I had several flat screen monitors still around, and I donated one to the Junior Golfers and the other leagues that use the computer.

It was a small gesture, for sure, but hopefully it will keep the enthusiasm of some of the younger golfers going. The Junior program at the course has been successful over the years. Many a youngster has learned the game and practiced it to use it to their advantage. Scholarships have been earned for college; playing scholarships have also been earned by some of the junior golfers that started their games here; and we've even had juniors that started the game and went on to be head professionals at other golf courses in the area.

Golf is just a game, but when played properly life lessons can be learned and that is the best reward any one of us that supports the game can hope for.

The Guidelines to a Successful Life Can be Taught at An Early Age - - - Pay it Forward