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.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
Homes Sold |
111 |
103 |
122 |
123 |
167 |
|
Av. Listing Price |
240,976 |
221,512 |
249,259 |
282,378 |
310,316 |
|
Av. Sale Price |
228,828 |
211,740 |
237,418 |
270,448 |
303,000 |
|
Av. DOM |
88 |
103 |
101 |
82 |
91 |
|
SP/LP Ratio |
95% |
96% |
95% |
95% |
97% |
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.
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:
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.
Watertown CT 2011 Real Estate Market Report

In 2011, 164 homes were sold in Watertown CT, with an average sale price of $231,642 and an average of 93 days on market. The homes that sold ranged from an 888 sq. ft. 2 bedroom mobile home that sold for $26,000, to a 4951 sq. ft. colonial that sold for $511,650.
The absorption rate for Watertown CT in 2011 was 13.67 homes sold per month. With an average of 118 homes on the market at any given time in Watertown CT, there are 8.6 months of inventory remaining.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
Homes Sold |
164 |
131 |
133 |
141 |
177 |
|
Av. Listing Price |
244,185 |
229,435 |
261,401 |
282,442 |
300,512 |
|
Av. Sale Price |
231,642 |
218,839 |
248,668 |
268,595 |
289,449 |
|
Av. DOM |
93 |
85 |
113 |
84 |
80 |
|
SP/LP Ratio |
94% |
95% |
95% |
95% |
96% |
2011 was a good year for the majority of sellers in Watertown CT, with average sales prices 6% higher than last year’s sales prices, and more than 20% increase in volume of sales compared to the last two years. As the average sales price/list price ratios continue to remain over 90% and days of market for homes sold are at the 3 month average, the best advice for Watertown CT home sellers is this: price your homes at market values based on its condition, and you can indeed sell your home quickly for a price that is acceptable to you.
For further information about the Watertown 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 Watertown CT homes for sale.
WATERTOWN CT-REAL ESTATE MARKET REPORT- JANUARY 2012
Watertown CT-Real Estate Market Report January 2012 The real estate market in Watertown CT continues to show improvement, with higher average sales prices and with more homes being sold in December 2011 compared to December 2010, and inventory very close to shifting back into a seller’s market. If you are thinking about putting your home on the market, now would be a good time to do so.
|
|
12/2011 |
11/2011 |
12/2010 |
|
Active Listings |
116 |
117 |
120 |
|
New Listings |
19 |
12 |
19 |
|
Av. Listing Price |
$299,688 |
$291,942 |
$316,571 |
|
Av. Sq. Ft. |
1981 |
1955 |
2058 |
|
Av. DOM |
175 |
170 |
120 |
|
Homes Sold |
20 |
10 |
8 |
|
Av. LP – Homes Sold |
$273,535 |
$219,790 |
$241,900 |
|
Av. SP – Homes Sold |
$260,711 |
$207,642 |
$229,206 |
|
Av. DOM – Homes Sold |
113 |
120 |
105 |
|
SP/LP Ratio |
94% |
94% |
95% |
|
Absorption Rate |
15 |
15.33 |
10.17 |
|
Months of Inventory |
7.8 |
7.6 |
12 |
The single familyWatertown CT homes for salerange from an1138 sq. ft. 1 bedroom cottage being offered for $60,000 to an8908 sq. ft. 7 bedroom colonial being offered for $1.8 million.
Here is a breakdown of the home prices in Watertown CT:
You can get a better sense of what the real estate market for Watertown CT looks like by viewing the information by zip code:
|
Zip code |
Homes for Sale |
|
52 |
|
|
64 |
You can search for Watertown CT homes for sale by visiting William’s Places!
The Watertown CThomes that sold in December range from a912 sq. ft., 2 bedroom ranch that sold for $58,575 to a 3776 sq. ft., 4 bedroom colonial that sold for $450,000.
These are thetwenty homes that sold in the Watertown CT area in the month of December:

Looking to relocate to Watertown, CT? Visit Looking For A Reason To Move-Destination: Watertown CT
For more information on Watertown CT, you can visit the following posts:
Watertown CT Real Estate - Market Updates
Winding Brook Farm - Watertown CT
For further information about theWatertown 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 Watertown CT homes for sale.
Prospect CT 2011 Real Estate Market Report

In 2011, 59 homes were sold in Prospect CT, with an average sale price of $270,740 and an average of 97 days on market. The homes that sold ranged from a 672 sq. ft. 2 bedroom ranch that sold for $22,000, to a 2350 sq. ft. 3 bedroom contemporary colonial that sold for $452,309.
The absorption rate for Prospect CT in 2011 was 4.92 homes sold per month. With an average of 57 homes on the market at any given time during 2011, that leaves Prospect CT with 11.58 months of inventory remaining.
|
|
2011 |
2010 |
2009 |
2008 |
2007 |
|
Homes Sold |
59 |
76 |
77 |
69 |
81 |
|
Av. Listing Price |
262,704 |
279.533 |
267,544 |
298,900 |
325,355 |
|
Av. Sale Price |
249,966 |
270,740 |
257,008 |
284,010 |
312,425 |
|
Av. DOM |
97 |
103 |
86 |
109 |
90 |
|
SP/LP Ratio |
94% |
96% |
96% |
95% |
96% |
2011 was a good year for the majority of buyers in Prospect, as the average SP/LP ratio was 96% and average sale prices were down 8% from 2010’s sale prices. The good news in this for sellers is that average days on market remained around 3 months, and the average sales price/list price ratios have been consistently well above 90%. Sellers, you can definitely get your Prospect CThome sold in a reasonable amount of time, if you list it at market values consistent with its condition.
Looking to relocate to Prospect CT? Visit Looking For A Reason to Move-Destination: Prospect CT
For more information about Prospect CT, you can visit the following:
Prospect CT Real Estate - Market Update - prior Prospect CT market reports
Prospect CT Pumpkin Festival - July 24 2009
For more details about the Prospect 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 Prospect CT houses for sale.
© William James Walton, Sr. Market Report data provided by CTMLS. All data is accurate but not guaranteed at time of publication.
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