Naugatuck CT 2011 Real Estate Market Report

Naugatuck CT 2011 Real Estate Market Report

In 2011, 203 homes were sold in Naugatuck CT, with an average sale price of $164,192 and an average of 101 days on market. The homes that sold ranged from a 728 sq. ft. 2 bedroom mobile home that sold for $22,000, to a 3200 sq. ft. colonial that sold for $425,000.

The market absorption rate for Naugatuck CT in 2011 was 16.91 homes sold per month, leaving about 11 months of inventory remaining. It is a buyer’s market in Naugatuck CT.

2011 continued to see values drop for homeowners in Naugatuck, but buyers continued to buy at the same pace in 2011 as they did in 2010. There was relatively little change in the average days on market and sales price/list price ratios, so homes were sold within 4 months and for within 10% of their listing prices, on average. Sellers, if you want to sell your home, you can do so at market values and within a reasonable amount of time.

Go to Naugatuck CT Real Estate - Market Update to see prior Naugatuck CT market reports.

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For more details about theNaugatuck CT market and to determine if this is the right time to sell, call me at (203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Naugatuck CT homes for sale.

©William James Walton, Sr. Market Report data provided by CTMLS. All data reported is accurate but not guaranteed at time of publication.