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Waterbury, CT Real Estate News

By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010 These are the latest statistics for the Waterbury, CT real estate market: Active Listings 506 New Listings 0 Average List Price $157,981 Median List Price $154,900 Average Sq. Ft. 1525 Median Sq. Ft. 1404 There are 506 single family homes for sale, with 127 of those homes being listed in April in the Waterbury, CT real estate market as of April 30, 2010. Here's the breakdown of the prices of homes for sale in Waterbury, CT as of May 1, 2010: List Price Houses % < 100,000 75 15 100,001-150,000 169 33 150,001-200,000 171 34 200,001-250,000 63 12 250,001-300,000 20 4 >300,001 8 2 The housing market varies from neighborhood to neighborhood in Waterbury, CT, so you can get a better idea of what’s happening in the Waterbury CT real estate ma...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06710   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT 06710. This area includes the following neighborhoods: Historic Hillside, Historic Overlook, and Willow/Plaza.   Homes for Sale 45 Average Listing Price $151,204 Average Sq. Ft. 2011 Months of Inventory 13.5   Home Sales (April 2010) 3 Average Sale Price $44,500 Average Days on Market 37   The real estate market in Waterbury 06710 remained a buyer’s market in April, with 13.5 months of inventory remaining, with a sales rate of 3.3 homes being sold per month. Average sale prices continued to fall as bank-owned homes continue to be a large share of the homes being sold in this zip code.
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06708   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT 06708. This area includes the following neighborhoods: Brooklyn, Bunker Hill, Country Club, Robinwood, Town Plot, and Western Hills.   Homes for Sale 175 Average Listing Price $178,134 Average Sq. Ft. 1567 Months of Inventory 15.67   Home Sales (April 2010) 13 Average Sale Price $122,186 Average Days on Market 64   The real estate market in Waterbury CT 06708 remains a very strong buyer’s market, with over 15 months of inventory. Average days on market decreased in April, but so did the average sale price for homes that sold in the 06708 zip code of Waterbury, CT.
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06706   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06706 zip code. This area includes the following neighborhoods: East Mountain, Hopeville, Mohawk Park, Platts Mills, South End, and Washington Park.   Homes for Sale 54 Average Listing Price $152,554 Average Sq. Ft. 1412 Months of Inventory 8.75   Home Sales (April 2010) 7 Average Sale Price $116,784 Average Days on Market 61   The real estate market in Waterbury, CT 06706 is, with almost 9 months of inventory at the current sales pace of 6.17 units per month being sold, still in a very strong buyer’s market. Interestingly, the average sale price has increased, and the total amount of inventory has decreased in April, c...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06705   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06705 zip code. This area includes the following neighborhoods: East Farms, Fairlawn, and Mill Plain (Meriden/Woodtick)   Homes for Sale 100 Average Listing Price $150,090 Average Sq. Ft. 1401 Months of Inventory 8.57   Home Sales (April 2010) 9 Average Sale Price $107,089 Average Days on Market 122   The real estate market in Waterbury, CT 06705 remains a buyer’s market with almost 9 months of inventory. Average sale prices have continued to drop, and the number of days on market has increased, compared to March. However, the months of inventory is also down, despite a decrease in the number of homes that sold in April...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Waterbury, CT Real Estate Market Update in Zip Code 06704   Here are the most recent statistics on the real estate market for single family homes in Waterbury, CT in the 06704 zip code. This area includes the following neighborhoods: Bucks Hill, Crownbrook, Fairmount, Lakewood, Long Hill, North End, Upper Fulton Park, Walnut-Orange-Walsh(WOW), and Waterville.   Homes for Sale 125 Average Listing Price $137,554 Average Sq. Ft. 1408 Months of Inventory 9.76   Home Sales (April 2010) 16 Average Sale Price $91,652 Average Days on Market 112   The real estate market in Waterbury, CT 06704 continues to be a buyer’s market, with almost 10 months supply of inventory. Average sales prices dropped slightly, and the days on market remained the same; but with the increase in the number of homes tha...
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By Ed Silva, 203-206-0754, Retired Real Estate Broker
(203-206-0754 )
We're trying to get a young first time buyer couple to the closing table without adding to their down the road burdens. The problem is that what we would like to do isn't permissible. The inspection brought up some items that do not directly effect the ability to close on time or the quality of life the young couple will enjoy. What it does do, however, is cause them to postpone doing some repairs to the home, detached garage, etc until they can come up with the money. The conventional alternatives would be to request seller concessions, which raises the mortgage and has a cap of 6% with an FHA mortgage. The other alternative would be to get a 203K rehab loan, which is not much different to the overall mortgage than seller concessions. What we really need is a seller gift, or cash back...
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By Ed Silva, 203-206-0754, Retired Real Estate Broker
(203-206-0754 )
It's Mother's Day, May 9, 2010 and so many of us will give her a kiss, maybe take her out to dinner, say a prayer for her if she's not here to be appreciated. Mother's are a special group of people, Their heart's are exceptionally large as they seldon remember the bad we've done They seldom forget to tell their friends about the good we've done They're constantly there to support and love us and when they're not around we feel the void. I remember years ago I got a special Mother's Day card for Mom. She opened it with love, and read it carefully, and then let me know ''I never did that!"  Happy Mother's Day Mom, I found that card again!
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
TOWN PLOT-WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010   Here’s a look at the recent statistics for the real estate market in the Town Plot neighborhood of Waterbury, CT: Active Listings 63 New Listings 0 Average List Price $157,834 Median List Price $159,000 Average Sq. Ft. 1452 Median Sq. Ft. 1420 There are 63 homes for sale in Town Plot-Waterbury, CT area, of which 15 were just listed in the last month. The average size of the homes for sale in the Town Plot section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices in the Town Plot neighborhood of Waterbury, CT:     List Price Houses % < 100,000 5 8 100,001-150,000 17 27 150,001-200,000 33 52 >200,001 8 13       You can search...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
EAST FARMS WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010   Here’s a look at the recent statistics for the East Farms section of Waterbury's East End real estate market: Active Listings 25 New Listings 0 Average List Price $168,558 Median List Price $169,000 Average Sq. Ft. 1427 Median Sq. Ft. 1240 There are 25 homes for sale in the East Farms section of Waterbury CT’s East End community, four of which were placed on the market in the last month. The homes for sale in the East Farms neighborhood tend to be of average size, but command high prices due to their location. Here's a breakdown of the prices of homes for sale in the East Farms Waterbury, CT neighborhood:     List Price Houses % < 100,000 2 8 100,001-150,000 6 24 150,001-200,000 12 48 >200,001 5 20   And these are the rece...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010   Here’s a look at the recent statistics for the Meriden-Woodtick section of Waterbury's East End real estate market: Active Listings 26 New Listings 0 Average List Price $160,527 Median List Price $159,900 Average Sq. Ft. 1401 Median Sq. Ft. 1350 There are 26 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, two of which were placed on the market in the last month. The average size of the homes for sale in the Meriden-Woodtick neighborhood has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of the homes for sale in the Meriden-Woodtick Waterbury, CT neighborhood:     List Price Houses % < 100,000 2...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain Waterbury, CT Real Estate - Market Update May 2010     Here’s a look at the latest statistics for Waterbury's East Mountain real estate market: Active Listings 20 New Listings 0 Average List Price $183,160 Median List Price $174,950 Average Sq. Ft. 1646 Median Sq. Ft. 1534 There are 20 homes for sale in the East Mountain neighborhood of Waterbury, CT; of those, 3 were listed in the last month. The average size of the homes for sale has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of the homes for sale in the East Mountain-Waterbury, CT neighborhood: List Price Houses % < 100,000 0 0 100,001-150,000 4 20 150,001-200,000 12 60 >200,001 4 20       These are the recently listed homes for...
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By Ed Silva, 203-206-0754, Retired Real Estate Broker
(203-206-0754 )
38th Annual Mother's Day Greek Festival in Waterbury CT May 6-9 Sponsored by Holy Trinity Greek Orthodox Church937 Chase Parkway, Waterbury, CT 06708 Come and Enjoy authentic Greek food, entertainment and the fellowship of your friends and neighbors. Gyros  Gyro Sandwich ("YEAR-os") Blend of lamb, beef and seasonings seared and stuffed in a pita, topped with diced tomatoes, onions and tsatziki sauce (a savory yogurt sauce with garlic and cucumbers).   Souvlaki k-bob ( "soo-VLAH-kee") Choice of tender chicken or pork tenderloin marinated in olive oil and a blend of Greek seasonings, grilled to mouthwatering perfection, and served on a skewer with a slice of pita bread.       Pastitsio ("pas-TEET-see-oh") Long macaroni layered with seasoned ground beef, topped with a thick cheese "Bescham...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
BUNKER HILL-WATERBURY, CT REAL ESTATE - MARKET UPDATE MAY 2010   Here's a look at the recent statistics for the real estate market in the Bunker Hill neighborhood of Waterbury, CT: Active Listings 74 New Listings 0 Average List Price $174,450 Median List Price $179,700 Average Sq. Ft. 1545 Median Sq. Ft. 1429 There are 74 homes for sale in the Bunker Hill-Waterbury, CT area, of which 24 were just listed in the last month. The average size of the homes for sale in the Bunker Hill section of Waterbury has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of the homes for sale in the Bunker Hill neighborhood of Waterbury, CT:     List Price Houses % < 100,000 7 9 100,001-150,000 16 22 150,001-200,000 30 4...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bucks Hill-Waterbury, CT Real Estate - Market Update May 2010 Here’s a look at the statistics for the Bucks Hill real estate market as of April 30, 2010: Active Listings 25 New Listings 0 Average List Price $179,224 Median List Price $189,900 Average Sq. Ft. 1587 Median Sq. Ft. 1586 There are 25 homes for sale , 8 of which were just listed in March, in the Bucks Hill neighborhood of Waterbury, CT . There are some rather decently sized homes in the Bucks Hill neighborhood. Here's a breakdown of the prices in the Bucks Hill-Waterbury, CT neighborhood: List Price Houses % < 100,000 2 8 100,001-150,000 4 16 150,001-200,000 11 44 >200,001 8 32   And these are the latest homes for sale to join the market in the Bucks Hill area: Address L/Price ADOM 603 BUCKS HILL RD 189,900   16 MOUNTAIN LAU...
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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 Update May 2010 Here’s a look at the statistics for the Upper Fulton Park real estate market as of April 30, 2010: Active Listings 42 New Listings 0 Average List Price $143,606 Median List Price $139,900 Average Sq. Ft. 1495 Median Sq. Ft. 1356 There are 42 homes for sale , 9 of which were just listed in April in the Upper Fulton Park neighborhood of Waterbury, CT. There are some rather decently sized homes in the Upper Fulton Park neighborhood. Here's a breakdown of the prices of the homes for sale in the Upper Fulton Park - Waterbury, CT neighborhood: List Price Houses % < 100,000 5 12 100,001-150,000 24 57 150,001-200,000 9 21 >200,001 4 10   And these are the latest homes for sale to join the market in the Upper Fulton Park area:...
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By Ed Silva, 203-206-0754, Retired Real Estate Broker
(203-206-0754 )
The concept of a buyer incentive is not newand probably dates back to the first consumer and their attempt to negotiate a great price on a wheel. As long as we have a competitive market place, merchants will attempt to gain the upper hand on their competition with discounts to get the consumer to enter their doors. Who doesn't remember the different stamps that were offered as far back as the late 1800's by merchants as a reward for spending dollars on goods with the catalogs offering almost anything for the proper amount of books. The time spent on putting those stamps into the books and persuading our parents to go back because we only needed another 20 stamps and we would qualify for a special gift. Service stations offered the stamps as well, not because they feared not getting thei...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Meriden\Woodtick-Waterbury, CT Real Estate: Quarterly Market Report April 1, 2010   The grid below gives the type of house, sizes, sales prices and days on market for the homes that have sold in the Meriden\Woodtick, Waterbury, CT area over the last 90 days.   Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 54 BETH LANE RANCH   4 1.0 1436 136,900 135,000 01/08/2010 13 19 IVY LN COL   3 2.0 1344 99,900 99,900 01/14/2010 98 896 WOODTICK RD RAISE   4 3.0 1200 174,900 169,900 01/29/2010 90 12 COURTLAND AVE COL   3 1.0 1351 105,000 90,000 02/12/2010 101 79 BETH LN RANCH   3 1.0 1288 149,900 149,900 02/23/2010 51 354 WINDY DR RAISE   3 2.0 1848 159,900 143,900 03/23/2010 193 650 WOODTICK ROAD CAPE   3 1.1 1275 119,900 120,000 03/25/2010 201 8 CHERYL JANE DR RANCH   3 1.0 1252 150,000 ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
East Mountain Waterbury, CT Quarterly Market Report – April 1, 2010 This grid below gives details on the type of house, size and number of bedrooms/bathrooms of the properties that have sold in the East Mountain neighborhood of Waterbury, CT in the last 90 days. Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 109 ROCKLEDGE DR CAPE 4 1 1080 145,900 138,000 3/29/2010 169 161 SPLIT ROCK DR RAISE 3 1.2 1338 189,900 179,900 3/29/2010 92 Market Statistics East Mountain , for 1/1/2010 to 3/31/2010: Average List Price: $167,900; Average Sale Price: $158,950; Average Days on Market (DOM):130   Seller’s Tip: Don’t Forget the Curb Appeal Exterior renovations are just as important as the interior.  The outside of your home prepares the visitor for what’s in store for them.  It invites them ...
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By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
Bunker Hill-Waterbury, CT Real Estate: Quarterly Market Report April 1, 2010   The grid below gives the type of house, sizes, sales prices and days on market for the homes that have sold in the Bunker Hill - Waterbury, CT area over the last 90 days.   Address Style #Bd #Bth SqFt L/Price S/Price C/Date DOM 208 OAKVILLE AVE CAPE   3 1.0 1300 119,900 120,000 01/07/2010 57 62 ARDSLEY RD RAISE   3 2.0 1517 220,000 192,000 01/20/2010 149 154 CLEMATIS AVE RANCH   4 2.0 1216 159,900 159,000 01/20/2010 1 143 KENDALL CIR RAISE   3 1.1 1936 179,900 188,500 01/21/2010 78 185 BUNKER HILL AVE COL   5 1.5 2801 153,900 153,900 01/27/2010 232 198 WHITE BIRCH DR RAISE   3 2.0 1288 169,900 166,000 01/28/2010 60 282 OAKVILLE AVE CAPE 2 1.0 1141 84,900 75,000 02/19/2010 63 223 HUBBELL AVE RANCH   3 1.0 109...
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