Wolcott, CT Real Estate News

By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for August 2012       Currently in Wolcott CT there are 90 active residential listings for sale. They range from a 980 square ft, 3-bedroom ranch, needing re-hab listed at $89,900 to a 3,868 square ft, 7-bedroom ranch listed at $799,900.   Search for Homes in Wolcott CT         The average list price of the homes currently available for sale in Wolcott CT is $297,572. The average days on market for these homes is 133 days. For the month of August, there were an additional 22 new listings in Wolcott CT.      There are currently 12 homes under contract in Wolcott CT, with 3 having gone under contract in the month of August. The average list price for the homes under contract is $269,953 with average days on market of 167 days.       In August, 11 homes ...
Comments 6
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for July 2012       Currently in Wolcott CT there are 99 active residential listings for sale. They range from a 1,080 square ft, 3-bedroom ranch listed at $99,900 to a 3,868 square ft, 7-bedroom ranch listed at $799,900.       The average list price of the homes currently available for sale in Wolcott CT is $302,843. The average days on market for these homes is 136 days. For the month of July, there were 22 homes listed for sale in Wolcott CT.     There are currently 12 homes under contract in Wolcott CT, with 2 having gone under contract in the month of July. The average list price for the homes under contract is $256,034 with average days on market of 149 days.       In July, 9 homes closed in Wolcott CT. They ranged from a 1,375 sq ft, 3-bedroom,...
Comments 5
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for June 2012       Currently in Wolcott CT there are 105 active residential listings for sale. They range from a 1,394 square ft, 3-bedroom colonial listed at $119,700 to a 3,868 square ft, 7-bedroom ranch listed at $799,900.       The average list price of the homes currently available for sale in Wolcott CT is $298,481. The average days on market for these homes is 136 days. For the month of June, there were 15 homes listed for sale in Wolcott CT.      There are currently 13 homes under contract in Wolcott CT, with 4 having gone under contract in the month of June. The average list price for the homes under contract is $269,755 with average days on market of 135 days.     In June, 13 homes closed in Wolcott CT. They ranged from a 1,800 sq ft, 3-bed...
Comments 6
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
  Open House 9 Alma Avenue Wolcott CT 06716 – Sunday, July 22, 2012 2-4 p.m.     Come and join William James Walton, Sr. of Weichert, Realtors® - Briotti Group  on July 22, 2012 from 2 to 4 p.m. for a personal tour of this beautiful colonial home on 9 Alma Avenue.   Features of this home, being offered for $200,000, include   Large living room Large Eat-in Kitchen 4 bedrooms  Two full bathrooms, one half bathroom 1 car attached garage Access to Lake Hitchcock       Call William James Walton, Sr. at (203) 558-7463 to arrange a private showing, or visit him Sunday at the Open House.       Directions: East to Alma or County to East to Alma  
Comments 10
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for May 2012       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.       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.       In May, 4 homes closed in Wolcott CT. They ranged from a 1,838 sq ft, 3-bedroom, ...
Comments 0
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for April 2012       Currently in Wolcott CT there are 104 active residential listings for sale. They range from a 1,364 square ft, 3-bedroom ranch listed at $124,900 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 $291,033. The average days on market for these homes is 137 days. For the month of April, there were 21 additional homes listed for sale in Wolcott CT.     There are currently 9 homes under contract in Wolcott CT, with 1 having gone under contract in the month of April. The average list price for the homes under contract is $218,824 with average days on market of 118 days.       In April, 9 homes closed in Wolcott CT. They ranged from a 2,124 s...
Comments 7
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WOLCOTT CT-REAL ESTATE MARKET REPORT for MARCH 2012 Wolcott CT-Real Estate Market Report forMarch 2012 The real estate market in Wolcott CT continues to look promising for sellers as the spring selling season moves forward, with homes under deposit being more than a quarter of the homes currently on the market, and average sale prices are up from last month. The trend looks as if average sale prices will come close to last year’s sales prices, with periodic dips as more lower end homes are sold.   There are 70 Wolcott CT homes for sale:   Average listing price $313,869 Median listing price $290,000                 ·         21 pending sales (under contract): o       Average asking price of $213,098 o       Median asking price of $199,900   10 homes were sold in Wolcott CT in the month o...
Comments 1
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
 WOLCOTT CT-REAL ESTATE MARKET REPORT for FEBRUARY 2012 Wolcott CT-Real Estate Market Report forFebruary 2012 The real estate market in Wolcott CT looks promising for sellers in the months ahead, as the number of homes under deposit is more than a quarter of the homes currently on the market, and average sale prices are up from last month. There is still room for improvement from last year’s sales prices, however, so both buyers and sellers should keep an eye on the market trends over the next few months.   There are 92 Wolcott CT homes for sale:   Average listing price $316,547 Median listing price $289,450               28 pending sales (under contract): o       Average asking price of $243,539 o       Median asking price of $229,950   8 homes were sold in Wolcott CT in the month of F...
Comments 0
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for March 2012         Currently in Wolcott CT there are 89 active residential listings for sale. They range from a 1,364 square ft, 3-bedroom ranch listed at $124,900 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 $299,557. The average days on market for these homes is 147 days. For the month of March, there were 12 additional homes listed for sale in Wolcott CT.     There are currently 16 homes under contract in Wolcott CT, with 5 having gone under contract in the month of March. The average list price for the homes under contract is $226,328 with average days on market of 117 days.       In March, 10 homes closed in Wolcott CT. They ranged from a 3,60...
Comments 1
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
The Time is Right to Buy a Home in Wolcott CT       We haven't had a typical winter here in Wolcott CT, and very few people are complaining. Because of the 'perfect storm' for real estate, there has probably never been a better time to buy.   Interest rates are at an all time low and have been that way for some time. Inventory is stable and prices have stabilized at homes are priced near the pre-boom prices of the early 2000 time. Sellers have been busy making their homes as attractive as possible for buyers looking to own a home in Wolcott CT. The prices are right and sellers are motivated.   With home ownership come many benefits. It is the American dream that provides financial benefits as well as security and shelter for families: Homeowners become an integral part of the community ...
Comments 4
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for February 2012       Currently in Wolcott CT there are 88 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 $294,194. The average days on market for these homes is 156 days. For the month of February, there were 17 additional homes listed for sale in Wolcott CT.     There are currently 18 homes under contract in Wolcott CT, with 6 having gone under contract in the month of February. The average list price for the homes under contract is $230,815 with average days on market of 109 days.       In February, 8 homes closed in Wolcott CT. They ranged from...
Comments 3
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
WOLCOTT CT-REAL ESTATE MARKET REPORT for JANUARY 2012     Wolcott CT-Real Estate Market Report for January 2012 Average sales prices declined compared to last month and last year in Wolcott CT. Inventory is continuing to hold steady, and homes that are selling are still getting over 90% of their asking price. Sellers, the key to getting close to your asking price is by properly pricing your homes at market values reflective of its condition.   There are 86 Wolcott CT homes for sale, with an average listing price of $291,027 and 172 days on market, ranging from a 1208 sq. ft. 3 bedroom colonial being offered for $79,900 to a 3868 sq. ft. 7 bedroom ranch being offered for $779,900.   Here is a breakdown of the home prices in Wolcott CT:   A great majority of Wolcott CT homes are affordabl...
Comments 1
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for January 2012       Currently in Wolcott CT there are 88 active residential listings for sale. They range from a 1,208 square ft, 3-bedroom colonial listed at $79,900 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 $290,085. The average days on market for these homes is 156 days. For the month of January, there were 16 additional homes listed for sale in Wolcott CT.      There are currently 10 homes under contract in Wolcott CT, with 5 having gone under contract in the month of January. The average list price for the homes under contract is $236,990 with average days on market of 129 days.     In January, 5 homes closed in Wolcott CT. They ranged from ...
Comments 6
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
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 20...
Comments 1
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
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 salera...
Comments 1
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
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 m...
Comments 4
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
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 rang...
Comments 0
By William James Walton Sr., Greater Waterbury Real Estate
(WEICHERT, REALTORS® - Briotti Group)
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.   11/2011 10/2011 11/2010 Active Listings 97 101 93 New Listings 7 13 10 Av. Listing Price $285,253 $288,498 $324,623 Av. Sq. Ft. 1997 2021 2196 Av. DOM 160 161 187 Homes Sold 13 3 5 Av. LP – Homes Sold $301,608 $170,933 $165,900 Av. SP – Homes Sold $271,569 $165,967 $155,380 Av. DOM – Homes Sold 58 34 75 SP/L...
Comments 0
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Come and See the Lights on Frisbie Circle in Wolcott CT, Bring some Non-Perishable Food Items as well   The residents of Frisbie Circle in Wolcott CT are all very much into the Christmas Season, each spending hours of their time to put up Christmas decorations and Lights to be appreciated by all that drive through the street. They look for nothing for themselves, but in front of each house is a clean tub, with a sign requesting that food donations be left in the tubs. They aren’t doing it for themselves. It isn’t the admission fee to the street. The food is collected, and then delivered to the Wolcott CT Food Pantry to be distributed to those that need help.       Cars pass along the homes, take the turn at the end of the cul-de-sac, and you can tell when they pause a little longer in f...
Comments 6
By Ed Silva, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Wolcott CT Real Estate Sales Report for November 2011     Currently in Wolcott CT there are 102 active residential listings for sale, with 7 new listings being added in November. The homes for sale in Wolcott CT range from a 1,400 square ft, 4-bedroom Colonial needing complete rehab, needing re-hab and listed at $69,900 to a 2,100 square ft, 4 bedroom, lake front cape listed at $850,000.        The average list price of the homes currently available for sale in Wolcott CT is $284,542. The average days on market for these homes are 156 days. In addition, there are currently 7 homes under contract in Wolcott CT, with 2 having gone under contract in November.       In November, 11 homes closed in Wolcott CT. They ranged from a 3,527 sq ft 4-bedroom colonial which sold for $525,000 to a 1,3...
Comments 1