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Waterbury, CT Real Estate News

By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
October 1, for Market Trends For Waterbury CT's West End Side, Zip 06708The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 34 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $345,382 with average days in market of 62. There are also currently 33 properties under show or hard deposit contracts.For the first 9 months of this year there have been 184 closed listings in the 06708 zip code of Waterbury with an average sales price of $292,364 and average days on market of 33. This suggests an absorption rate of 20 sales per month which means the current inv...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Town Plot Waterbury CT-Real Estate Market Report for June 2015What does the real estate market look like in the Town Plot neighborhood of Waterbury CT? Real estate prices in Town Plot Waterbury CT have been rather erratic over the last year, rising and falling between 80k and 120k, creating an interesting comfort zone for buyers looking to buy in that price range.  The number of pending sales has created a sense of urgency among buyers as well, signalling to sellers that this might be an opportune time to put their homes on the market. There are 47 Town Plot-Waterbury CT homes for sale, with an average listing price of $118,915 and a median listing price of $127,900.       There are 23 pending sales (under contract), with an average asking price of $109,378, a median asking price of $11...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Meriden\Woodtick Waterbury CT-Real Estate Market Report for June 2015What does the real estate market look like in the Meriden\Woodtick area of Waterbury CT's East End? Real estate prices have been dropping rather erratically over the past year, with rises in price corresponding to drops in the number of homes sold, and vice versa: lower prices mean more homes sold.  Days on market are still below three months, but pending prices are holding steady with average sales prices, so home owners thinking about selling might want to think a little longer about it.There are 24 Meriden\Woodtick-Waterbury CT East End homes for sale, with an average listing price of $125,069 and a median listing price of $119,900.        There are 12 pending sales (under contract), at an average asking price of $9...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Farms-Waterbury CT Real Estate Market Report for June 2015 What does the real estate market look like in the East Farms section of Waterbury CT's East End? Real estate prices in this section of Waterbury CT's East End have dropped over the last year, as have the number of home sales. This leaves plenty of options for buyers looking to buy, but not too many incentives for sellers to put their homes on the market, even with days on market being lower than 3 months and pending prices holding steady. There are 28 East Farms-Waterbury CT East End homes for sale, with an average listing price of  $136,918 and a median listing price of $143,750.      There are 8 pending sales (under contract), with an average asking price of $104,088, a median asking price of $112,100, and an average of 8...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill Waterbury CT-Real Estate Market Report for June 2015 What does the real estate market look like in the Bucks Hill neighborhood of Waterbury, CT? Real estate prices are slightly lower compared to where they were at this time last year. The average number of sales over the last few months still leaves very few options for buyers looking to purchase homes in this neighborhood. Although average sale prices aren't rising, the fact that they are not dropping far, along with comparable pending prices and days on market, should entice sellers who are thinking about selling their homes. There are currently 23 Bucks Hill Waterbury CT houses for sale, with an average listing price of $128,230 and a median listing price of $122,500.      There are currently 6 pending sales (under contrac...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Upper Fulton Park-Waterbury CT Real Estate Market Report for June 2015What does the real estate market look like in the Upper Fulton Park neighborhood of Waterbury CT? Real estate prices continue to fluctuate in the Upper Fulton Park-Waterbury CT neighborhood, with prices below where they were at this time last year. There are few homes available in this neighborhood for sale, and with prices still low, sellers who are looking to place their homes on the market within the next few months should be realistic about their expectations. The good thing is, buyers are acting very quickly on the homes that they are finding in the Upper Fulton Park-Waterbury CT neighborhood. There are 15 single family Upper Fulton Park-Waterbury CT homes for sale, with an average listing price of $106,280 and a...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value  June 2015    Search for Homes in Waterbury CT Currently in Waterbury CT there are 482 active residential listings for sale, with 143 new listings being added in June. The homes for sale in Waterbury CT range from a 12,281 square ft, 4-bedroom REO colonial listed at $9,900 to a 2,200 square ft, new construction 3-bedroom, raised ranch listed at $379,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720. The average list price of the homes currently available for sale in Waterbury CT is $121,435. The average days on market for these homes are 96 days. There are currently 91 homes under contract in Waterbury CT, with 34 having gone under contract in June. In June 2015, 72 homes closed in Waterbury CT. T...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Country Club Rd Neighborhood Home Worth, June 2015?     Search for homes in Waterbury CT Zip code 06708Currently in the Country Club Road area of Waterbury there are 27 ctive residential listings for sale, with 69 new listings being added in June. The homes for sale in the Country Club Road Section of Waterbury CT range from a 778 square ft, 2-bedroom cape listed at $79,900 to a 3,129 square ft, 5-bedroom, colonial listed at $309,475. These listings are within the town zip codes of 06708.    The average list price of the homes currently available for sale in the Country Club Road area of Waterbury CT is $154,132. The average days on market for these homes is 132 days. There are also 4 homes currently under deposit in the Country Club Road Area of Waterbury CT.  Se...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Fourth of July 2015 Celebrations in the Greater Waterbury AreaBristol A fireworks show will follow Saturday's 7 p.m. Bristol Blues - North Shore Navigators' Futures Collegiate Baseball League game on at Muzzy Field on Muzzy Street. Individual game tickets are $5 to $6 and group tickets $3 to $5. For information, call 860-582-2583 or visit bristolbluesbaseball.com. Lake Compounce, 822 Lake Ave., will have a fireworks display at about 9:30 a.m. Saturday. Rain date will be July 11. Cheshire The fourth annual reading of the Declaration of Independence will take place during Independence Day ceremonies starting at 10 a.m. Saturday at the church green by the First Congregational Church of Cheshire, 111 Church Drive. Ceremonies will include the Pledge of Allegiance and patriotic songs. Cheshir...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bunker Hill-Waterbury CT Real Estate Market Report for May 2015 What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Buyers are moving very quickly in the Bunker Hill-Waterbury CT neighborhood. Days on market are under 3 months for homes under deposit, and average sale prices are moving up. This is the opportune time for sellers looking to place their homes on the market in this neighborhood. There are 54 Bunker Hill-Waterbury CT homes for sale, with an average listing price of $134,003 and a median listing price of $131,400.      There are 38 pending sales (under contract), with an average asking price of $117,560, a median asking price of $125,000, and an average of 73 days on market before accepting an offer.     10 homes were sold in Bunker Hi...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Town Plot-Waterbury CT Real Estate Market Report for May 2015 What does the real estate market look like in the Town Plot neighborhood of Waterbury CT? The market is quite active in Town Plot-Waterbury CT, with average pending prices up from where it normally is at this time of year, and plenty of homes to choose from. Average sale prices are also up from last year. This is good news for sellers thinking about putting their homes on the market as we move forward into the summer months. There are 47 Town Plot-Waterbury CT homes for sale, with an average listing price of $124,485 and a median listing price of $129,900.        There are 15 pending sales (under contract), with an average asking price of $113,453, a median asking price of $112,500, and averaging 105 days on market before acc...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Meriden\Woodtick-Waterbury CT Real Estate Market Report for May 2015What does the real estate market look like in the Meriden\Woodtick area of Waterbury CT's East End? Amazingly, homes are selling at a record pace in this area of Waterbury CT's East End. Pending volume and prices provide  a good incentive for sellers looking place their homes on the market in this area of Waterbury's East End. There are 17 Meriden\Woodtick-Waterbury CT East End homes for sale, with an average listing price of $121,488 and a median listing price of $119,900.        There are 16 pending sales (under contract), at an average asking price of $96,847, a median asking price of $86,450, and an average of 111 days on market before accepting an offer.        4 homes were sold in Meriden\Woodtick-Waterbury CT Eas...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Farms-Waterbury CT Real Estate Market Report for May 2015 What does the real estate market look like in the East Farms section of Waterbury CT's East End? Well, the market in this section of Waterbury's East End begins the summer selling season with  average sale prices continuing to be well above last year's average and days on market are holding steady across both pending and average sales for this time of the year.  There are 22 East Farms-Waterbury CT East End homes for sale, with an average listing price of  $118,314 and a median listing price of $113,950.        There are 4 pending sales (under contract), with an average asking price of $100,500, a median asking price of $88,550, and an average of 90 days on market before accepting an offer.       Two homes were sold in East ...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
A 3 Bedroom Home in zip code 06708 in Waterbury CT and seller and buyers all very happy.Picking up a listing that has expired can be a challenge as the exposure that it would have received could work against the seller.  This 3 bedroom split level home had a lot to offer with over 1,200 sq ft of living space, brand new gas boiler, hardwood flooring,  newer roof and replacement windows. Pricing was a challenge as there was not a lot of room for the seller to move.Photos were taken to display the property in it's best possible condition.  Some minor cosmetic work was done by the seller to make it show better and we even priced it at a slight higher value than it's last exposure.After 30 days on market, we received a full price offer from a seller that also had their own home under contrac...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Upper Fulton Park-Waterbury CT Real Estate Market Report for May 2015 What does the real estate market look like in the Upper Fulton Park neighborhood of Waterbury CT? There are few homes available in this neighborhood for sale, and with prices still low, sellers who are looking to place their homes on the market within the next few months should be realistic about their expectations. The good thing is, buyers are acting very quickly on the homes that they are finding in the Upper Fulton Park-Waterbury CT neighborhood. There are 14 single family Upper Fulton Park-Waterbury CT homes for sale, with an average listing price of $103,221 and a median listing price of $96,900.      There are 6 Pending sales (under contract), with an average asking price of $56,767, a median asking price of $6...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain-Waterbury CT Real Estate Market Report for May 2015  What does the real estate market in East Mountain-Waterbury, CT look like?  As sellers in East Mountain-Waterbury, CT enter the summer, it looks good for you, with pending prices above where average sale prices were last year, and offers being received in about a month after going on the market. Patience is necessary also, as the normal number of homes continue to sit on the market.There are 20 East Mountain–Waterbury CT homes for sale, with an average listing price of $162,550 and a median listing price of $164,900.       There are 5 Pending sales (under contract), with an average asking price of $157,540,  a median asking price of $149,900, and an average of 31 days on market prior to accepting an offer.      No homes ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury CT Real Estate Market Report for May 2015 What does the real estate market look like in the Bucks Hill neighborhood of Waterbury, CT? Homes are actually flying off the shelf in the Bucks Hill neighborhood of Waterbury, CT. Prices may not be as high as sellers would like, but getting and accepting offers in under 2 months is always a good sign, so sellers in this neighborhood should keep a close eye on the market trends to determine if it is the right time to sell. Current pending volume also provides a glimmer of hope for those who are seriously considering placing their homes on the market. There are currently 19 Bucks Hill-Waterbury CT houses for sale, with an average listing price of $126,326 and a median listing price of $129,900.       There are currently 10 pe...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
The 15th annual Taste of Lebanon Festival will be held this weekend, June 12 and 13 at Our Lady of Lebanon Church, 8 East Mountain Rd, Waterbury CT. Taste authentic Lebanese cuisine at the Lebanese Food Festival on the church grounds. Some of the delicacies being offered are:grape leavestaboolee  parsley salad with tomato and onionshummous  chick pea appetizerkabobs  chicken and beefshawarama, (Gyro) grilled beef served on a pita bread with tomato, onion, and tahine saucehot dogs and hamburgersand of course those delicious Middle Eastern pastries. The three-Day outdoor and indoor festival in its 15th year will have Lebanese food; a live Middle Eastern band with singers; entertainment by a group of traditional Lebanese Dancers, a showing of Lebanon's traditions and customs, as well as ch...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Country Club Rd Neighborhood Home Worth, May 2015?    Search for homes in Waterbury CT Zip code 06708Currently in the Country Club Road area of Waterbury there are 29 active residential listings for sale, with 9 new listings being added in May. The homes for sale in the Country Club Road Section of Waterbury CT range from a 778 square ft, 2-bedroom cape listed at $79,900 to a 1,804 square ft, 3-bedroom, colonial listed at $309,900. These listings are within the town zip codes of 06708.  The average list price of the homes currently available for sale in the Country Club Road area of Waterbury CT is $166,268. The average days on market for these homes is 110 days. There are also 4 homes currently under deposit in the Country Club Road Area of Waterbury CT.  No home...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
May 2015 Real Estate Market Statistics for Waterbury CT  Search for Homes in Waterbury CTCurrently in Waterbury CT there are 453 active residential listings for sale, with 150 new listings being added in May. The homes for sale in Waterbury CT range from a 1,779 square ft, 4-bedroom REO colonial listed at $21,200 to a 2,200 square ft, new construction 3-bedroom, raised ranch listed at $379,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720. The average list price of the homes currently available for sale in Waterbury CT is $123,806. The average days on market for these homes are 93 days.There are currently 76 homes under contract in Waterbury CT, with 33 having gone under contract in May.    In May 2015, 46 homes closed in Waterbury ...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
New HUD Disclosures Will Make Closing More Challenging after Aug 1 The new CFPB rules regarding the buyer loan process will take effect on Aug 1, and there will be a lot of angst created because of them.  The purpose is to make the closings more buyer friendly and are intended to allow the Borrower, who will now be called the Consumer, to get a more competitive loan.  Our local Board hosted a breakfast this week with representatives from Fidelity Title to discuss the new rules and forms. A lawyer was also present, as all closings in CT are done through attorneys. It should be mentioned first, that any loans started prior to Aug 1 can proceed under the old rules and forms. All loans initiated after Aug 1 must follow the new guidelines and use the new forms.   Loan Estimate:  New Consumer...
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