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William James Walton, Sr.'s Blog

By William James Walton, Sr. | Agent in Waterbury, CT

Watertown Market Update - May 2009

Welcome to the Watertown Monthly Market Report, encompassing Oakville and Watertown. Here's a peek at what's been happening in the Watertown real estate market in the past month:

Active Listings

131

New Listings

4

Average List Price

$346,060

Median List Price

$294,900

Average Sq. Ft.

2145

Median Sq. Ft.

1862

 A substantial number of very large houses on the market in Watertown and Oakville, averaging over 2000 sq.ft. Here's what the price breakdown looks like:


Price Ranges Watertown-Oakville 

List Price

Houses

%

< 200,000

25

19

200,001-250,000

27

21

250,001-300,000

16

12

300,001-350,000

10

8

350,001-400,000

21

16

400,001-450,000

7

5

450,001-500,000

7

5

>500,001

18

14




Here are the most recent listings. For more info, visit William's Places.

Address

L/Price

ADOM

55 COLLINS ST

200000

7

47 LINKFIELD RD

237000

2

123 POND VIEW DR

394900

1

203 SMITH POND RD

529900

4

Now, to see what's sold:

Closed Listings - 5

Average

Median

Days on Market

88

82

List Price

$313,340

$299,900

Sale Price

$306,300

$270,000

Sq. Ft.

2121

1664

LP/Sq. Ft.

$138.98

$162.30

SP/Sq. Ft.

$135.39

$159.82

SP/LP Ratio

97%

98%

Less than 3 months on average. Homeowners in this town really must want to sell their homes, because they are pricing it just right and getting them sold - well, at least those who are pricing their homes where they should be priced from the start. Let's see what they went for:

Address

L/Price

S/Price

DOM

1009 BUCKINGHAM STREET

173000

183500

8

18 FAIRVIEW AVENUE

94900

89000

9

187 GUERNSEYTOWN RD

299900

270000

199

LOT 1 LAKEVIEW DRIVE

409900

409000

84

246 OLD FARMS RD

589000

580000

153

List vs. Sale PricesAverage Days on Market











For more information about Watertown or to see what's happening in town, visit Watertown's homepage.

Prior Market Reports: March April

Looking for information about homes in the Greater Waterbury area?    
Buyers, need to find financing and advice on the home-buying process?  
Sellers, looking for tips on how to make sure your home sells?

Stop by www.williamsplaces.com!



Courtesy of William James Walton, Sr., Realtor, Century21 Access America

Serving northern New Haven and southeastern Litchfield Counties (Waterbury, Wolcott, Prospect, Naugatuck, Middlebury, Southbury, Watertown and Plymouth)

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