Naugatuck CT Real Estate Sales Report for December 2011

Naugatuck CT Real Estate Sales Report for December 2011

Currently in Naugatuck CT there are 174 active residential listings for sale. They range from an 876 square ft, 1-bedroom mobile home listed at $26,900 to a 15,500 square ft, 8-bedroom English Manor estate listed at $849,900. The average list price of the homes currently available for sale in Naugatuck CT is $207,078. The average days on market for these homes is 163 days.

For the month of December, there were 19 new homes listed for sale in Naugatuck CT. The average list price of the new listings available for sale in Naugatuck CT is $174,100. In addition, there are currently 19 homes under contract in Naugatuck CT, with 6 having gone under contract in the month of December.

In December, 21 homes closed in Naugatuck CT. They ranged from a 2,885 sq ft, 3-bedroom Victorian home which sold for $250,000 to a 647 sq ft 2-bedroom ranch, which sold for $40,000. The average sales price of the homes that sold was $145,957. Average DOM of 75 days. The list price to sales price ratio for the homes sold was 93.5%.

By comparison, there were 16 closings in Naugatuck for the month of December 2010, with an average price of $184,544 and avg. days on market of 155.

For the first 11 months of 2011, the market sales or absorption rate was 17 sales per month, with an average sales value of $166,296 and average days on market of 104. The current inventory of homes is equivalent to a 10-month inventory.

There are currently 28 condos for sale Naugatuck CT. They range in price from $299,900 for an over 55 Adults only 2,030 sq ft, 2-bedroom unit to $35,700 for a 1-bedroom, 578 sq ft, ranch style efficiency unit. There are 8 condos under contract in Naugatuck CT.

In the month of December, 4 condos closed in Naugatuck CT. The average sales price for the 4 properties that closed was $97,525, with average days on market of 293.

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 Naugatuck CT, 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 Naugatuck CT.

Naugatuck CT Real Estate Sales Report for December 2011