August 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 $290,969 with average days in market of 43. There are also currently 28 properties under pending status and 27 properties under hard deposit contracts.
For the first 8 months of this year there have been 163 closed listings in the 06708 zip code of Waterbury with an average sales price of $270,752 and average days on market of 35.
This suggests an absorption rate of 20 sales per month which means the current inventory is less than 1 months worth of sales. It also suggests that new listings will be highly competitive.
The same period in 2022 saw 209 closings with an average sales price of $247,756 and average days on market of 33. This represents an increase in values of 8.5% in spite of less homes sold in 2023.
Sold prices were at 102% of list so little to no room is there for negotiations and activity is brisk on new listings.
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.
Market Trends For Waterbury CT's West End Side, Zip 06708
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