Wolcott, CT

Wolcott CT 2011 Real Estate Market Report

In 2011, 111 homes were sold in Wolcott CT, with an average sale price of $228,828 and an average of 88 days on market. The homes that sold ranged from a 624 sq. ft. 3 bedroom cape that sold for $50,000, to a 3527 sq. ft. 4 bedroom colonial that sold for $525,000.

There is about 10 months worth of inventory remaining in Wolcott CT, with the absorption rate for 2011 at 9.25 homes sold per month and an average of 95 homes on the market at any given time.

Home prices in Wolcott CT rose 8% in 2011 from its low in 2010. Realistic sellers are still getting very close to asking price, and days on market for homes sold are now averaging under 3 months. Also, there have been fewer homes available for sale in Wolcott CT than in the previous years. Sellers, while this is good news for you, the best thing to do if you are planning to sell your home this year is to price it at market values that are reflective of its condition.

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.

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.

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:

A 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:

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.

Wolcott CT Real Estate Market Report for 2011

For the year 2011, the market sales or absorption rate in Wolcott CT was 9 sales per month. Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of inventory is considered a balanced market. Under 6 months is a sellers’ market and anything over 6 months is a buyers’ market.

The average value for the homes sold in Wolcott CT for the year was $228,828 with an average days on market of 88. The current inventory of homes is equivalent to a 10 month inventory.

The list price ratio to sales price ratio was 95%, which indicates sellers putting the homes on the market near to fair market value, or finally getting them sold at market value.

The highest value home sold in Wolcott CT in 2011 was a 3,527 sq ft, 4-bedroom colonial which sold for $525,000.

By comparison, for calendar year 2010, the absorption rate was 17.5 units per month, with an average sales price of $347,744 and average days on market of 99. For 2011, there were less homes sold on average per month and at a slightly higher price in almost the same number of days on market.

The highest value home sold in Wolcott CT in 2010 was a 5,584 sq ft, 5 bedroom colonial home which sold for $488,000.

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 Wolcott 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 Wolcott CT.

Wolcott CT Real Estate Market Report for 2011

Wolcott CT Real Estate Sales Report for December 2011

Currently in Wolcott CT there are 81 active residential listings for sale. They range from a 848 square ft, 2-bedroom ranch listed at $109,900 to a 3,836 square ft, 7-bedroom ranch listed at $799,900.

The average list price of the homes currently available for sale in Wolcott CT is $287,829. The average days on market for these homes is 171 days. For the month of December, there were 5 additional homes listed for sale in Wolcott CT.

There are currently 11 homes under contract in Wolcott CT, with three (3) having gone under contract in the month of December. The average list price for the homes under contract is $198,936 with average days on market of 116 days.

In December, 7 homes closed in Wolcott CT. They ranged from a 3,118 sq ft, 4-bedroom, colonial, which sold for $375,000 to a 936 sq ft 3-bedroom ranch which sold for $128,621. Average sales price of the homes that sold was $212,840. Average DOM of 192 days. The closed properties had a Sales price to List price ratio of 96%.

By comparison, there were 5 closings in Wolcott CT for the month of December 2010, with an average price of $193,400 and avg. days on market of 162. This indicates that there were more homes sold in December of 2011 at a higher value, but with higher days on market. The current inventory of homes is equivalent to a 10 month inventory.

There are currently 14 condos for sale Wolcott CT. They range in price from $359,900 for an Active Adults, over 55 1,756 sq ft, 2-bedroom unit to $79.900 for a 1-bedroom, 828 square ft ranch style efficiency unit. There is currently one (1) condo under contract in Wolcott CT.

There is currently one (1) condo under contract in Wolcott CT.

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 Wolcott 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 Wolcott CT.

Wolcott CT Real Estate Sales Report for December 2011

WOLCOTT CT-REAL ESTATE MARKET REPORT- DECEMBER 2011

Wolcott CT-Real Estate Market Report - December 2011 Houses are definitely moving in Wolcott CT, and fast, with an average of under 2 months DOM for homes that have sold, and better than average sales prices compared to both last month and last year. The resulting decrease in inventory is good for sellers who really want to sell. Now is the time to sell, because buyers who really want to buy are out there, looking in this season.

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:

A 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 CThomes that sold in November range from a1368 sq. ft., 3 bedroom ranch that sold for $152,000 to a 3527 sq. ft., 4 bedroom colonial that sold for $525,000.

These are the thirteen homes that sold in the Wolcott CT area in the month of November:

 

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

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

 

For more details about the Wolcott CTmarket 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.