May 2022 Market Trends For Waterbury CT's West End Side, Zip 06708
The 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 21 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 $275,052 with average days in market of 45. There are also currently 51 properties under show or hard deposit contracts.
For the year 2021 year there were 430 closed listings in the 06708 zip code of Waterbury with an average sales price of $225,836 and average days on market of 38. This suggests an absorption rate of 36 sales per month which means the current inventory is less than 1 month worth of sales. It also suggests that new listings will be highly competitive.
The same period in 2020 saw 394 closings with an average sales price of $174,858 and average days on market of 53. This represents an increase in values of 23% in addition to more homes sold in 2021.
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 Waterbury CT zip code 06708, please call me at 203-206-0754 or send me an email at easilva48@comcast.net. I would be happy to assist you or to discuss homes on the market in zip code 06708 of Waterbury CT.
May 2022 Market Trends For Waterbury CT's West End Side, Zip 06708
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