August 2023 Real Estate Sales Report for Wolcott CT

Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

What’s My Wolcott CT Home’s Value August 2023

Wolcott CT is a town bordered by Bristol and Southington in Hartford county, and Waterbury in New Haven County. It is primarily a suburban town located 80 miles from New York City with a commute of 20 miles to Hartford and 30 miles to New Haven. Only slightly greater than 50% of the towns land is developed as residential housing and commercial, light industrial businesses.

Currently in Wolcott CT there are 25 active residential listings for sale. The homes for sale in Wolcott CT range from a 778 square ft, 3-bedroom ranch listed at $249,900 to a 8,947 square ft, 5-bedroom colonial listed at $1,200,000.

 August 2023 Real Estate Sales Report for Wolcott CT

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The average list price of the homes currently available for sale in Wolcott CT is $391,161. The average days on market for these homes are 43 days.  These values do not include the 7 figure properties that have been sitting on market. There are currently 15 homes under pending status and 18 under hard contract in Wolcott CT.


 August 2023 Real Estate Sales Report for Wolcott CT 

In August 2023, 19 homes closed in Wolcott CT. They ranged from an 2,181 square ft, 3-bedroom, colonial which sold for $201,000 to a 3,052 square ft, 4-bedroom ranch that sold for $535,000. The median price for the closed properties was $320,000  with median DOM of 11 days. The average price for the closed properties was $340,303  with average DOM of 34 days.  The sold properties sold at an average of 106% of list.

For a comparison, there were 13 closings in Wolcott CT for the month of August 2022, with a median sales price of $339,000 and median days on market of 6.  The sold properties sold at an average of 101% of list. The average price for the closed properties was $346,838  with average DOM of 27 days. 

This shows that for August 2023, there were 6 more homes sold than the same period for 2022, with a 2% average decrease in value and slightly greater days on market.

For the year 2022, the absorption for Wolcott, CT was 17 sales per month. With this rate and the current inventory, there would be slightly greater than a 1-month absorption rate, which is still a strong seller's market. The Wolcott CT real estate market is not showing a significant trend in either direction up or down, except listings are scarce.

August 2023 Real Estate Sales Report for Wolcott CT 

The graph demonstrates the median monthly sales value in Wolcott CT with positive increase in values from month to month, with the exception of an unusual dip for August . The values in Wolcott CT are showing some signs of slight increase in values over the previous year.

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. I would be happy to assist you or to discuss homes on the market in Wolcott CT.

 Homes for sale in Wolcott CT

 August 2023 Real Estate Sales Report for Wolcott CT

Posted by


Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Comments (11)

Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am sure that an almost 9,000-square-foot Colonial home for $1.2 million is quite the stunner!

Sep 25, 2023 04:27 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Ed... Wolcott appears to be holding its own. I'm trying to remember the last time I saw a $160K home for sale in my area that anyone would live in!

Sep 25, 2023 04:59 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Monday morning, Ed.

Have a great day and a very productive week.

Sep 25, 2023 08:18 AM
Ed (Edward) Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Brian England   I was familiar with the deceased husband, who was a special person. it is in an exclusive area of like homes.

Nina Hollander, Broker  It's been corrected and that was an REO home that had issues and is under contract.

Good morning, Roy Kelley and thanks for stopping.

Sep 25, 2023 08:58 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Ed,

You have made a good case for a strong seller's market in Wolcott, CT.   The absorption rate is key.  This is another beneficial report for your buyers and sellers.

Sep 25, 2023 10:30 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed it is encouraging to see a town that the sales numbers are up over last year.

Sep 25, 2023 01:09 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Average DOM looks very good and the list to sale at 106% does as well, in Wolcott, CT, Ed. Buyers and sellers are wise to call you for their real estate related needs!

Sep 25, 2023 06:37 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Ed, Homebuyers and sellers will appreciate the real estate market report you provided for Wolcott. You are the experienced agent who knows the area!

Sep 26, 2023 01:48 AM
Ed (Edward) Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Sheri Sperry - MCNE®   There are very few towns in the area if any that are underperforming and all as strong Seller's markets.

George Souto   At the worse the towns are all at 6 weeks of inventory which does very little to help  a buyer.


Sep 26, 2023 10:46 AM
Ed (Edward) Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Wanda Kubat-Nerdin - Wanda Can!   While values may not be comparable to other parts of the country, it is still a very strong seller's market and buyers get frustrated very quickly.

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400    There are calls and I do my best to help

Sep 26, 2023 10:47 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Wolcott home buyers and sellers are sure to value your real estate market report, Ed.

Sep 26, 2023 08:54 PM