Waterbury, CT Relay For Life Event June 5-6, 2010

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Starting Saturday, June 5, 2010 at 8 a.m., and ending on Sunday, June 6, 2010 at 8 a.m., the American Cancer Society will be having its annual Relay for Life at Crosby High School, located at 300 Pierpont Road in the city’s East End. Many teams from schools across the city, as well as volunteer organizations will be paricipating in the Relay for Life event to raise money to support cancer research and those who have fought the disease and won, as well as to remember those who lost their battle with cancer. You can visit the Relay for Life website for more information.

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Memorial Day: A Waterbury History

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Memorial Day: A Waterbury History

 

Memorial Day, originally known as Decoration Day, was a day established by former Civil War Union veterans to commemorate those who died in the struggle to save the Union. Started on May 30, 1868, Decoration Day was commemorated in the northern states until the turn of the century, and throughout the country thereafter. After World War I, the day was set to include those who participated in all wars in which Americans served and died. The term “Memorial Day” was first used in 1882, but did not become the common name for Decoration Day until after World War II. Memorial Day was officially designated a national holiday in 1971.

In Waterbury, there are several monuments and memorials commemorating those who died in the service of our country from the Waterbury area. At the roundabout in Waterbury, at the western end of the Green, is a monument erected in memory of those who served in the Civil War. On the south face of the monument’s pedestal is an inscription for those who perished in the war; on its’ north face is an inscription commemorating those veterans who survived the war. The last Civil War veteran from Waterbury died in 1885.

 

A memorial commemorating all those who served and died in any American war lies at the western end of the Waterbury Green, and wreaths were left there during and after the Memorial Day Parade and activities on the Green on Sunday

 

New monuments were dedicated Sunday as a part of the Memorial Day activities for those Waterbury residents who are/were POW/MIA’s, and a Freedom Tree was planted in their memory.

 

 

At the southwestern corner of Library Park, at the foot of the stairwell from the park close to the I84 off ramp to Meadow Street, are a series of memorials dedicated to those Waterbury residents who served in World War I, or as it was known at that time in Waterbury, as The Great War for Democracy, 1917-1919.

 

Freight Street has also been dedicated as Veterans’ Memorial Boulevard. At the end of Freight Street, the bridge crossing over the Naugatuck River has been dedicated as the Pearl Harbor Memorial Bridge. On one side of the bridge, there is a plaque dedicated to those from Connecticut who died in the attack on Pearl Harbor.

 

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BeBe Winans - But God - (Ron Winans Family & Friends Choir IV)

Meriden-Woodtick Waterbury, CT Real Estate - Market Update May 2010

MERIDEN-WOODTICK WATERBURY, CT REAL ESTATE – MARKET UPDATE MAY 2010

 

Here’s a look at the latest statistics for the Meriden-Woodtick section of Waterbury’s East End real estate market:

Active Listings	26
New Listings	0
Average List Price	$160,527
Median List Price	$159,900
Average Sq. Ft.	1401
Median Sq. Ft.	1350

There are 26 homes for sale in the Meriden-Woodtick section of Waterbury CT’s East End community, two of which were placed on the market in the last month. The average size of the homes for sale in the Meriden-Woodtick neighborhood has remained the same in comparison to similar neighborhoods relative to the prices being asked for them. Here's a breakdown of the prices of homes for sale in the Meriden-Woodtick Waterbury, CT neighborhood: 

 

List Price	Houses	%
< 100,000	2	8
100,001-150,000	10	38
150,001-200,000	9	35
>200,001	5	19

 

And these are the recently added homes for sale in the Meriden-Woodtick area of Waterbury’s East End:

Address	L/Price	ADOM
9 BETH LN	142,900	8
825 FROST RD	149,900	20

You can search for homes for sale in the Meriden-Woodtick and surrounding East End neighborhoods of Waterbury, CT by visiting William’s Places! 

Now, for a look at what has sold in the Meriden-Woodtick area:

Closed Listings – 3	Average	Median
Days on Market	158	158
List Price	$101,900	$89,900
Sale Price	$93,933	$82,500
Sq. Ft.	1140	1092
LP/Sq. Ft.	$95.80	$82.33
SP/Sq. Ft.	$88.67	$75.55
SP/LP Ratio	92%	92%

 

The Meriden-Woodtick area of Waterbury’s East End saw slight decreases in the number of homes that sold, and in the average sales prices of those homes that did sell in April, compared to March.

These were the three homes that won the homes sold contest in the Meriden-Woodtick neighborhood of Waterbury’s East End:   

Address	L/Price	S/Price	DOM
92 BAGLEY TER	89,900	82,500	5
9 BETH LN	142,900	135,000	7
574 FROST ROAD	72,900	64,300	308

 

Prior Meriden-Woodtick Waterbury, CT Real Estate - Market Updates can be accessed by clicking on the link.

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Questions for the Potential Seller in the Greater Waterbury, CT Area, Part 1: When Should I List My Home?

Questions For The Potential Seller in the Greater Waterbury, CT Area, Part 1: When Should I List My Home?

Questions for the Potential Seller in the Greater Waterbury CT Area: When Should I List My Home?

If you are a potential seller in the Greater Waterbury, CT area (that would be Waterbury and the surrounding towns of Watertown, Plymouth, Wolcott, Prospect, Naugatuck, Middlebury and Southbury), then the question of when should I list my home is one of the most important questions that you can ask yourself before you actually put your home on the market.

The question of when should I list my home is very much dependent on the question why am I selling my home?

Just as buyers have specific needs and wants that drive them to buy a home, you as potential sellers also have specific needs and wants that compel you to put your home on the market for sale. And just as needs always trumps wants as motivating factors for why people want to buy a home, the need to sell always trumps the want to sell.

 

The potential seller who has a time element attached to their need to sell is the most motivated seller that we as Realtors meet. Whether it is an impending foreclosure, job/military relocation, or any number of life changing events that require you to divest yourself of your most important possession, the key to answering the question of when should I list my home depends on how much time you have between now and your scheduled move. Your answer for when should I list my home, along with your answers to what price should I list my home at, and how can I prepare my home to be sold, will be the deciding factors that determine if your house will actually sell, no matter what market we are in.

But what if I don’t need to sell, but still want to sell my home?

There are several scenarios which can conceivably create the desire to sell a home – financial distress, desire to downsize, burden of home maintenance, divorce, among other things – that make selling your home at any time seem like a worthwhile proposition. However, there are some issues that you should consider first before listing your home (and some of these also apply to need to sell sellers, as well):

§Condition. Is your home ready for sale right now? Your home being ready for sale typically includes maintaining the outside of your home for maximum curb appeal, and addressing any needed repairs inside the home. If you do not need to sell, then you can use the time before you actually put your home on the market to start and complete any major upgrades or renovations/repairs. This aspect will be discussed more fully in Part III: How Can I Prepare My Home For Sale?

§The Value of Your Home. The market determines what price your house will sell for, and a Realtor will inform you of that fact. The fact is, need to sell sellers are more willing to list at the correct price than want to sell sellers. Are you willing to let your home sit on the market with possibly no activity, and require a price reduction? This aspect will be discussed more fully in Part II: What Price Should I List My Home At?

§Selling seasons. Typically, the majority of sellers anticipates a rush of buyers during the spring and summer months, and so they list their homes for sale in March-April. The problem with following this mentality is that you now have more competition for buyers’ attention to deal with. In the buyer’s market that we are in today, that can absolutely be detrimental to your chances of selling your home.

The bottom line for you as a potential seller in deciding when to list your home for sale is that if you must sell your home, then time is of the essence for you to do what it takes to make sure that your home can be sold in the least amount of time for the most amount of money. The Realtor of your choice will (or at least should) give you guidance on what things need to be done to ensure the outcome that you desire.

If you do not need to sell your home, it would be advisable to wait until it becomes necessary for you to sell. You will be able to place your home on the market when there is considerably less competition, and you will have used the intervening time to help prepare your home for its eventual sale. However, the choice is, of course, up to you whether to list your home as for sale.

Next in the Questions for the Potential Seller in the Greater Waterbury, CT Area Series: What price should I list my home at?

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Questions for the Potential Seller in the Greater Waterbury, CT Area: Introduction

Questions For The Potential Seller in the Greater Waterbury, CT Area: Introduction

Questions for the Potential Seller in the Greater Waterbury, CT Area: Introduction

Are you a potential seller? Have you been thinking about selling your home? If you live in the Greater Waterbury CT area (that would be Waterbury and the surrounding towns of Watertown, Plymouth, Wolcott, Prospect, Naugatuck, Middlebury and Southbury), the odds are that you are one among hundreds in your neighborhood who have been thinking of doing the exact same thing: taking the plunge and putting their house on the market.

 

There are many questions that you, as a potential seller, must ask yourself before you take the steps necessary for you to get your home sold. One question that many potential sellers ask themselves is “can I sell my home on my own?” While it is indeed possible to do so, the time and cost of doing so are definitely not in your best interests, as you will (more likely than not) receive less for your property than you desire and it will take more time to sell your home than usual. These are the major reasons why all sellers are recommended to hire a professional – a Realtor – who is knowledgeable about your local market conditions, can effectively market your home so that it can get sold in the least amount of time, and net you the most amount of money that the market will command for your home.

 

This series is not designed to address every question that will arise as you prepare to sell your home. There are certain questions that you should be prepared to receive an answer to –an answer which may, or may not, depending on your specific needs – not be acceptable to you at the time that you ask the question.

 

The key to answering those questions does not lie with the realtor you choose, however. The answer lies with you, the seller. In my experience, the most important questions that a potential seller can ask themselves before listing their home on the market are:

1.  When should I list my home?
2.  What price should I list my home at?
3.  How can I prepare my home to be sold?

 

The following three posts in this series will address each of those questions in depth for the potential seller in the Greater Waterbury, CT area.

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Bucks Hill Waterbury, CT Neighborhood Tour

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Lake Winnemaug, Watertown, CT

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268 Old Colony Road, Watertown, CT Single Family Home For Sale

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Upper Fulton Park Neighborhood Tour

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Join Your Neighborhood Association In Waterbury, CT

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Southbury, CT Real Estate - Market Update May 2010

SOUTHBURY, CT REAL ESTATE – MARKET UPDATE MAY 2010

 

These are the latest statistics for the Southbury, CT real estate market for the month ending on April 30, 2010:

Active Listings	158
New Listings	0
Average List Price	$522,285
Median List Price	$449,950
Average Sq. Ft.	3076
Median Sq. Ft.	2717

There are 158 homes for sale in Southbury, of which 33 were listed within the last month. Here's a breakdown of the prices of the homes for sale in Southbury, CT: 

 

List Price	Houses	%
< 200,000	10	6
200,001-300,000	19	12
300,001-400,000	36	23
400,001-500,000	31	20
500,001-600,000	24	15
600,001-700,000	13	8
700,001-800,000	8	5
>800,001	17	11

 

 

 

You can search for homes for sale in Southbury, CT by visiting William’s Places!

 

Now, for a look at what has sold in the Southbury, CTarea: 

 

Closed Listings –8	Average	Median
Days on Market	67	41
List Price	$470,963	$454,500
Sale Price	$447,188	$447,500
Sq. Ft.	2729	2611
LP/Sq. Ft.	$178.09	$191.57
SP/Sq. Ft.	$169.55	$181.38
SP/LP Ratio	95%	96%

Southbury, CT has improved in the number of homes that have sold in April compared to the prior three months, but decreased its average sales price. In April, 3 out of the 8 houses that sold in Southbury, CT were listed and sold over $500K.
 

These were the 8 houses that won the homes sold contest for April in Southbury, CT:   

Address	L/Price	S/Price	DOM
PRCL A FISH ROCK RD	579,900	535,000	188
210 GEORGES HILL RD	409,000	405,000	10
164 HULLS HILL	389,000	365,000	87
160 LAKE RIDGE RD	749,900	685,000	93
103 LIBRARY RD	305,000	292,500	4
46 RIDGEVIEW RD	519,900	505,000	22
370 ROXBURY RD	315,000	300,000	46
228 VALLEY STREAM LN	500,000	490,000	34

 

Click on Southbury, CT Real Estate - Market Updates to see prior Southbury, CT market reports.

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Upper Fulton Park Waterbury, CT Real Estate - Market Update May 2010

UPPER fULTON pARK-Waterbury, CT Real Estate – Market Update MAY 2010

Here’s a look at the UpperFultonPark real estate marketas of April 30, 2010:

Active Listings	42
New Listings	0
Average List Price	$143,606
Median List Price	$139,900
Average Sq. Ft.	1495
Median Sq. Ft.	1356

There are 42 homes for sale, 9 of which were just listed in April in the Upper Fulton Park neighborhood of Waterbury, CT. There are some rather decently sized homes in the Upper Fulton Park neighborhood. Here's a breakdown of the prices of the homes for sale in the Upper Fulton Park-Waterbury, CT neighborhood: 

List Price	Houses	%
< 100,000	5	12
100,001-150,000	24	57
150,001-200,000	9	21
>200,001	4	10

 

And these are the latest homes for sale to join the market in the Upper Fulton Park area:

Address	L/Price	ADOM
416 TUDOR	119,000	5
49 LORRAINE ST	149,500	13
36 BYRNESIDE AVE	79,900	15
247 TUDOR ST	179,900	22
50 NOTTINGHAM TER	119,900	24
222 TUDOR ST	119,900	28
102 STEPHANA LN	156,900	26
106 HILLVIEW AVE	52,000	32
161 AVALON CIR	199,900	29

You can search for homes for sale in the Upper Fulton Park and surrounding neighborhoods by visiting William’s Places!

Now, to see what has sold in the Upper Fulton Park area of Waterbury, CT:

Closed Listings – 5	Average	Median
Days on Market	95	98
List Price	$94,229	$89,900
Sale Price	$87,600	$80,000
Sq. Ft.	1329	1352
LP/Sq. Ft.	$75.83	$70.88
SP/Sq. Ft.	$70.29	$62.96
SP/LP Ratio	94%	90%

Five homes have sold in the Upper Fulton Park neighborhood of Waterbury, CT in April. Average sale prices have remained under 100K due to the number of bank-owned homes that have sold.

These are the winners of the homes sold contest in the Upper Fulton Park neighborhood in April:

Address	L/Price	S/Price	DOM
62 APPLETON ST	149,900	135,000	1
189 CITIZENS AVE	44,900	45,000	13
40 COLLINS ST	89,900	80,000	116
441 HILL ST	109,900	110,000	79
13 HOUSTON ST	76,545	68,000	173

 

Prior Upper Fulton Park – Waterbury, CT Real Estate Market Updates can be accessed by clicking on the link.

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