May 2023 Market Trends For Waterbury CT's East End, Zip 06705

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

May 2023 Market Trends For Waterbury CT's East End, Zip 06705

 

The East End of Waterbury CT is highly residential and is also the preferred side of town for people that need to commute to Hartford. Many fine neighborhoods encompass the East End such as Fairlawn, Pierpont and East End.

 

May 2023 Market Trends For Waterbury CT's East End, Zip 06705 

There are currently 12 active listings in the 06705 zip code with the average value of the homes for sale in Waterbury's 06705 zip code available for sale is $229,758 with average days in market of 26.

Also, there are currently 23 properties under contract or hard deposit.

 

For the year 2022 there were 219 closed listings in the 06705 zip code of Waterbury with an average sales price of $218,269 and days on market of 32.

 

Through the current period of 2023, there have been 55 closings with an average sales price of $230,678 on market 42. This represents an increase in values of 5% over the value for 2022.

 

Sold prices were at 101% of list so little to no room is there for negotiations and activity is brisk on new listings. It also demonstrates that new listings are being priced to market conditions.

 

The chart above shows the appreciation in values for single family homes in the Waterbury CT Zip code from January to April 202. This chart depicts an average increase in values of 43% over that period.

 

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 06705, 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 zip code 06705 of Waterbury CT.

 

 

 

May 2023 Market Trends For Waterbury CT's East End, Zip 06705

 

Posted by

 

Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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EdSilvaCTrealestate.com


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Do you know anyone who is behind on their mortgage and doesn't know what to do? I may be able to help them. I am an experienced Short Sale Broker

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Comments (8)

Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Excellent market report for buyers and sellers in Waterbury, CT! Very similar trends :)

May 01, 2023 07:22 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I really like the curb appeal in the picture that you shared, the wall with greenery on each side is certainly appealing to my eyes!

May 02, 2023 04:53 AM
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

Seems Waterbury East End has a reasonable average price that buyers can become a homeowner and stop paying those high rents!

May 02, 2023 05:52 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

Your market appears strong and healthy, ours is beginning to plateau a little, but still lots of showings indicating lots of buyers.

May 02, 2023 06:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hello Ed... that is certainly quite the increase in values in Waterbury East End. Hope it continues.

May 02, 2023 09:52 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ed, values in Waterbury East End are going up significantly, and thanks for this report.

May 02, 2023 01:20 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I keep on hearing home prices are dropping, but I do not see any evidence of that in CT. and this is a good example of that.

May 02, 2023 01:27 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

May 02, 2023 06:46 PM