Wolcott CT Real Estate Sales Report for May 2012

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Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001
http://actvra.in/CL5

Wolcott CT Real Estate Sales Report for May 2012

 

 Wolcott CT Market report

 

Currently in Wolcott CT there are 100 active residential listings for sale. They range from a 1,952 square ft, 3-bedroom colonial listed at $114,900 to a 3,836 square ft, 7-bedroom ranch listed at $799,900.

 

 Wolcott CT Mid Value Act May 2012

 

The average list price of the homes currently available for sale in Wolcott CT is $308,983. The average days on market for these homes is 155 days. For the month of May, there were 16 homes listed for sale in Wolcott CT. 

 

There are currently 16 homes under contract in Wolcott CT, with 4 having gone under contract in the month of May. The average list price for the homes under contract is $208,684 with average days on market of 92 days.

 

Wolcott CT High mid Sold May 2012

 

 

In May, 4 homes closed in Wolcott CT. They ranged from a 1,838 sq ft, 3-bedroom, raised ranch which sold for $235,000 to a 1,178 sq ft 3-bedroom ranch, which sold for $155,000.  Average sales price of the homes that sold was $201,250. Average DOM of 83 days. The closed properties had a Sales price to List price ratio of 98%.

 

 Wolcott CT High mid Sold May 2012

 

By comparison, there were 8 closings in Wolcott CT for the month of May 2011, with an average price of $258,563 and avg. days on market of 88. This indicates that the value of homes sold in 2011 were higher in value, with more units sold but more time on market.

 

For the year 2011, the market sales or absorption rate was 9 sales per month, with an average sales value of $228,828 and average days on market of 88.  The current inventory of homes is equivalent to a 10 month inventory. 

 

 

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 at edsilva@remax.net. I would be happy to assist you or to discuss homes on the market in Wolcott CT.

 

Wolcott CT Real Estate Sales Report for May 2012

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

Ed Silva  RE/MAX Professionals,  www.edwardsilva.com  203-206-0754

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